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50 Escudos

Issuer Banco Nacional Ultramarino
Year 1946
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Size 155 × 82 mm
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Obverse lettering BANCO NACIONAL ULTRAMARINO DECRETO No. 17.154 S. TOMÉ e PRÍNCIPE COLÔNIA PORTUGUESA CINQUENTA ESCUDOS LISBOA, 12 de AGOSTO de 1946.
(Translation: National Bank Overseas Decree no. 17,154 St. Thomas and Prince Portuguese Colony Fifty Escudos Lisbon, August 12, 1946.)
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Reverse lettering BANCO NACIONAL ULTRAMARINO PAGÁVEL NA COLÓNIA DE S. TOMÉ E PRINCIPE BRADBURY, WILKINSON & Co. Lto. GRAVADORES, NEW MALDEN, SURREY, INGLATERRA
(Translation: National Bank Overseas Payable in Colony of St. Thomas and Prince Bradbury, Wilkinson & Co Ltd Engravers, New Malden, Surrey, England)
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Comments

Banco Nacional Ultramarino occupied an unusual position in Portuguese colonial finance — a private institution chartered in Lisbon but functioning as the effective central bank across Portugal's overseas territories. This 50 Escudos was issued for Angola, one of several African territories the BNU served concurrently, each requiring separately designated note series to prevent cross-border circulation of colonial currency.

Bradbury Wilkinson's New Malden facility was among the most technically sophisticated intaglio printers of the mid-twentieth century, handling colonial note production for several European powers simultaneously. The P#33 series was a relatively short-lived issue — Angola's currency arrangements were reorganized in subsequent years as postwar economic pressures reshaped how Lisbon managed its overseas monetary infrastructure.

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