Complete set of 6 emergency notes: 1, 2, 3, 4, 5, 10 Centavos 1920s – Câmara Municipal de Castro Verde (Front: Coat of arms of the Municipality of Castro Verde. Ornamental denominational design with sun rays. Back: Agricultural produce and trees. Watermark: N/a. Predominant colours: Green, blue, brown, olive green, violet and red-orange. Date of issue: Without the Municipal hearing, ca. 1920s. Period: 1917-1925. Designer: Câmara Municipal de Castro Verde. Signature(s): None. Issuing authority: Câmara Municipal de Castro Verde, Beja District, Alentejo. Demonetized: Yes. Material: Cotton fiber paper. Printer: Unknown) (lightly circulated) XF/AU
Feature: Cold embossed seals are present on the 2c, 3c and 10c notes. See the photos for WYSIWYG.
Dimensions: 102 x 63 mm
Catalogue Number: Unknown
Grade/condition: Extremely Fine to About Uncirculated (XF-AU) (lightly circulated, lightly used) GRADING INFO
Texts: Câmara Municipal de Castro Verde. Vale 1 Um Centavo, 2 Dois, 3 Três, 4 Quatro, 5 Cinco, 10 Dez Centavos.
Remark: During the First Portuguese Republic (1910–1926), the municipality of Castro Verde experienced an acute shortage of fractional metallic currency, which disrupted ordinary commercial activity. To mitigate this problem, the City Hall authorized the issuance of municipal banknotes as a form of emergency fiduciary currency. These issuances were considered illegal, since only the Casa da Moeda of Portugal had the legal authority to issue currency. However, their acceptance was based on practical necessity and the trust of the local population. Despite the formal ban on their circulation in 1924, these instruments remained in use following the Revolution of 28 May 1926, only disappearing definitively with the mass introduction of low-denomination metal currency.
Feature: Cold embossed seals are present on the 2c, 3c and 10c notes. See the photos for WYSIWYG.
Dimensions: 102 x 63 mm
Catalogue Number: Unknown
Grade/condition: Extremely Fine to About Uncirculated (XF-AU) (lightly circulated, lightly used) GRADING INFO
Texts: Câmara Municipal de Castro Verde. Vale 1 Um Centavo, 2 Dois, 3 Três, 4 Quatro, 5 Cinco, 10 Dez Centavos.
Remark: During the First Portuguese Republic (1910–1926), the municipality of Castro Verde experienced an acute shortage of fractional metallic currency, which disrupted ordinary commercial activity. To mitigate this problem, the City Hall authorized the issuance of municipal banknotes as a form of emergency fiduciary currency. These issuances were considered illegal, since only the Casa da Moeda of Portugal had the legal authority to issue currency. However, their acceptance was based on practical necessity and the trust of the local population. Despite the formal ban on their circulation in 1924, these instruments remained in use following the Revolution of 28 May 1926, only disappearing definitively with the mass introduction of low-denomination metal currency.
World Banknotes - A
