5 Avos

Features

Issuer	Timor-Leste › Portuguese Timor (1910-1975)
Issuing bank	Banco Nacional Ultramarino (Banco Nacional Ultramarino, 大西洋银行)
Period	Colony of the Portuguese Empire (1910-1951)
Type	Local banknotes
Year	1940
Value	5 Avos (0.05)
Currency	Pataca (1894-1959)
Composition	Paper
Size	90 × 55 mm
Shape	Rectangular
Demonetized	15 May 1957
Number	N# 333408
References	P# 12 Standard Catalog of World Paper Money (10 volumes).

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Series: Series 1941

Obverse

Ship at top left.

Scripts: Chinese (simplified), Latin

Lettering:
BANCO NACIONAL ULTRAMARINO
CINCO AVOS
TIMOR
5 AVOS

Translation:
National Overseas Bank
5 avos

Reverse

Scripts: Chinese (simplified), Latin

Lettering:
BANCO NACIONAL ULTRAMARINO
5 AVOS
CINCO AVOS
TIMOR

Translation:
National Overseas Bank
5 avos

Printer

Bradbury Wilkinson and Company, United Kingdom (1856-1990)

Comments

Law: "Portaria 9394 from 5/12/1939; Aviso from 04/02/1957"
In 1943, during World War II, Australian paratroopers introduced 400,000 counterfeit notes (printed by the Commonwealth Bank of Australia).

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Date			No. printed		VG	F	VF	XF	AU	UNC
Undetermined
1940-Jul-19			400 000

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Past sales

Pictures	Sale	Date	Grade	Sold price
	Heritage Auctions Tuesday & Wednesday US Coins Select Auction 132217 Lot 89168	26 Apr 2022	AU (AU58)	USD 159.00 (incl. buyer's premium)
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