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50 Mil Reis

Issuer Banco Nacional Ultramarino
Year 1908
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Reference(s) P#32A
Obverse description Central portrait vignette of Vasco da Gama with beard, framed by palm trees and a sailing ship scene at right; ornate guilloche underprint with denomination numeral 50 at lower corners. Dated Lisboa, 2 de Janeiro de 1908, issued for the Lourenço Marques branch. SPECIMEN overprint in blue across the lower centre.
Obverse lettering BANCO NACIONAL ULTRAMARINO
CINQUENTA MIL REIS
MOEDA CORRENTE
VALOR RECEBIDO
LOURENÇO MARQUES
LISBOA, 2 DE JANEIRO DE 1908
SPECIMEN
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Comments

Bradbury Wilkinson produced this note for the Banco Nacional Ultramarino at a moment when the institution was managing currency across a sprawling set of Portuguese overseas territories simultaneously — the same press runs often supplied multiple colonies with closely related designs, differentiated mainly by overprint or text. Knowing which territory this 50 Mil Reis was issued for matters considerably for attribution, and the catalog entry should be cross-referenced against the issuing territory field before any valuation is applied.

1908 falls within the final years of the Portuguese monarchy; the Republic would arrive in October 1910, after which BNU's operating mandates and note designs were substantially revised.

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