Banco Nacional Ultramarino, 20 mil reis, Loanda, 1 March 1909, serial number 34561, black and multicoloured, Vasco de Gama at left, red steamship seal 1 at centre, arms top centre, embarkation scene at right, value at each corner, manuscript signature low left, rev. brown, maiden (P.38),  about extremely fine, crisp, attractive and rare
VAT rate of 5% is payable on hammer price plus bu… Read more
Banco Nacional Ultramarino, 20 mil reis, Loanda, 1 March 1909, serial number 34561, black and multicoloured, Vasco de Gama at left, red steamship seal 1 at centre, arms top centre, embarkation scene at right, value at each corner, manuscript signature low left, rev. brown, maiden (P.38), about extremely fine, crisp, attractive and rare

Details
Banco Nacional Ultramarino, 20 mil reis, Loanda, 1 March 1909, serial number 34561, black and multicoloured, Vasco de Gama at left, red steamship seal 1 at centre, arms top centre, embarkation scene at right, value at each corner, manuscript signature low left, rev. brown, maiden (P.38), about extremely fine, crisp, attractive and rare
Special notice
VAT rate of 5% is payable on hammer price plus buyer's premium.