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Portugal Set of 5 and 10 Centavos 1922 (Câmara de Barcellos) AU-UNC

Portugal Set of 5 and 10 Centavos 1922 (Câmara de Barcellos) AU-UNC
Product Code:
PT-CDB2
Price:
75.00 ($ 87.00)
Qty
Set of 2 emergency notes: 5 and 10 Centavos 1922 – Câmara de Barcellos (Front: Coat of arms of the Municipality and the Town of Barcellos (Barcelos). Town view with bridge across river and a raising sun. Back: Stone-made bridge arch with boat and sailing boat in the body of water. Watermark: Possibly a weak one. Predominant colours: Blue, orange, red and brown. Date on the note: Cobrança de 1922. Period: 1917-1925. Designer: Câmara de Barcellos. Signature: None. Issuing authority: Câmara de Barcellos, Braga District. Demonetized: Unknown. Material: Cotton fiber paper. Printer: Litografia Nacional – Porto) UNC

Dimensions (5c): 99 x 60 mm
Dimensions (10c): 100 x 60 mm

Catalogue Number: Unknown

Grade/condition: Almost Uncirculated to Uncirculated (AU-UNC / UNC) (almost new, unused, mint) GRADING INFO

Texts: Impostos Indirectos da Câmara de Barcellos. Cobrança de 1922. O portador receberá por este VALE CINCO / DEZ CENTAVOS nas casas indicadas no verso. Miguel Martinho de Faria, Costa & Vasconcellos, Guimarães & Carvalho, José b. Ferreira Dias, Passos & Irmão, H.C. Coelho Gonçalves.

Remark: During the First Portuguese Republic (1910–1926), Barcellos 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.

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