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5000 Novo Kwanzas Overprint
| Issuer | Banco Nacional de Angola |
|---|---|
| Year | 1987 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Novo kwanza (1990-1995) |
| Composition | Log in to see details |
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| Obverse description | Conjoined portraits of President António Agostinho Neto (1922–1979) in the foreground and President José Eduardo dos Santos (born 1942) in the background at right, within a circular vignette; denomination numeral at left. The overprint "NOVO KWANZA 5000" is applied over the underlying 100 Kwanzas note. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | CEM KWANZAS (Translation: One Hundred Kwanzas) |
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| Comments |
Angola's currency in the 1980s was in chronic disarray, hammered by civil war expenditure and collapsed oil revenues. The novo kwanza, introduced in 1977, depreciated so rapidly that overprinting existing stock became a practical necessity rather than a planned policy — this 5000 denomination on earlier substrate is a direct product of that fiscal pressure.
Pick 125 is scarce in genuinely circulated condition. The overprint ink is known to show offset transfer onto adjacent notes when stored in bundles, a contact flaw found with some regularity on this issue.