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50 Centavos
| Issuer | Banco Nacional Ultramarino |
|---|---|
| Year | 1920 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Portuguese Escudo (1914-1975) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO NACIONAL ULTRAMARINO 50 CENTAVOS Lisboa, 1 de Janeiro de 1920 CABO VERDE (Translation: National Bank Overseas 50 Cents Lisbon, January 1st., 1920 Cape Verde) |
| Reverse description | Log in to see details |
| Reverse lettering | BANCO NACIONAL ULTRAMARINO CINCOENTA CENTAVOS (Translation: National Bank Overseas Fifty Cents) |
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| Comments |
The Banco Nacional Ultramarino was Portugal's designated colonial bank, empowered to issue currency across its overseas territories — but P#19 was specifically issued for Mozambique, where fractional notes filled a persistent gap left by the chronic shortage of small coin in circulation. Low-denomination paper was never popular with the public, and these 50 centavos notes were typically used hard and discarded fast.
Survivors in any decent state of preservation are genuinely scarce as a result.