1961 Mozambique 100 Escudos Banknote – Banco de Moçambique – Pick 110 – VF+ Colonial Issue

1961 Mozambique 100 Escudos banknote is a striking example of Portuguese colonial currency, issued under the authority of the Banco Nacional Ultramarino and circulated in Mozambique prior to independence. Denominated in escudos, this note reflects the late-colonial monetary system used throughout Portugal’s overseas territories during the mid-20th century.

The obverse features an engraved portrait of a Portuguese colonial official set within an ornate green and multicolour guilloché frame. The design is rich in classical engraving elements, including fine linework, geometric security patterns, and formal Portuguese typography. The denomination “Cem Escudos” is prominently displayed, along with the issue location Lisbon and the date 27 de Março de 1961, tying the note directly to its historical period.

The reverse displays an elegant symmetrical layout dominated by intricate guilloché patterns and circular medallions. At left is the seal of the Banco Nacional Ultramarino, featuring a sailing ship emblem symbolizing Portugal’s maritime and colonial heritage. The phrase “Pagável em Moçambique” confirms its legal tender status within the colony. The engraving quality and layered inks make this an especially attractive note for collectors of world paper money.

Historical Significance

Issued during a pivotal year in Mozambique’s colonial history, this note represents the final decades of Portuguese rule before independence in 1975. Banco Nacional Ultramarino issues are highly collectible due to their aesthetic quality, historical relevance, and limited surviving high-grade examples.