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| 正面描述 | The obverse is printed in green and red tones, with the denomination numeral '20' within a circular guilloche rosette at the left and the Portuguese National Coat of Arms within a similar ornamental frame at the right. A central oval cartouche carries the text 'VINTE CENTAVOS' and 'MOEDA CORRENTE', flanked by an oval red stamp of the Banco Nacional Ultramarino with a sailing ship vignette. The date 'LISBOA, 5 de Novembro de 1914' and serial number appear in the lower portion, with spaces for two manuscript signatures below the titles 'O VICE-GOVERNADOR' and 'O GOVERNADOR'. |
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| 正面铭文 | BANCO NACIONAL ULTRAMARINO EM LOANDA VINTE CENTAVOS MOEDA CORRENTE LISBOA, 5 de Novembro de 1914 (Translation: National Overseas Bank in Luanda, Twenty centavos, current currency, Lisbon, 5 November 1914) |
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The Banco Nacional Ultramarino was Portugal's designated issuing bank for its overseas territories, and this 1914 note almost certainly served one of those colonial outposts rather than metropolitan Portugal itself — though the Pick reference alone doesn't settle which territory definitively. Bradbury Wilkinson, by this point a well-established British security printer, produced notes for dozens of colonial authorities operating under European metropolitan oversight.
At 20 centavos, this is a fractional denomination — the kind typically pressed into service when coin shortages made small-change transactions impractical.