[PMG67 EPQ 1971 Portuguese Guinea 50 Escudo Pick #44a Banco Nacional Ultramarino]
This is a 50 Escudo banknote issued by Portuguese Guinea in 1971. It has been given an extremely high rating of 67 EPQ (Superb Gem Uncirculated, Exceptional Paper Quality) by the international banknote grading agency PMG (Paper Money Guaranty), making it in the highest standard of condition for a collector.
The catalog number is Pick#44a. It was issued by Banco Nacional Ultramarino (Portuguese Overseas Bank) and printed by the renowned British printing company Bradbury, Wilkinson & Co. (BWC).
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[Historical background]
Portuguese Guinea, now Guinea-Bissau, was located in West Africa. 1971 was just before independence (1974), and this banknote is an important issuer that tells the story of the final days of the colonial period.
Banco Nacional Ultramarino (BNU) was the bank responsible for financing Portugal's overseas colonies and issued banknotes throughout Asia and Africa. As a result, banknotes issued by BNU are highly sought after by colonial collectors worldwide.
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[Surface design]
The obverse features the name "BANCO NACIONAL ULTRAMARINO" in large letters, with the Portuguese coat of arms in the center.
On the right is a portrait of the 15th-century Portuguese explorer Nuno Tristão, a key figure in the history of West African exploration, and symbolizing the period of Portugal's maritime empire.
The denomination "50" is placed at each corner, and the denomination "CINQUENTA ESCUDOS" is written at the bottom center.
The color scheme is based on green, and the design is very beautiful, combining a delicate guilloche pattern and decorative frame.
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[Back design]
The reverse side features a tall ship, symbolizing Portugal's history as a maritime nation. The port landscape and ship design symbolize maritime trade during the colonial period.
The BNU emblem is on the bottom left, and the face value "CINQUENTA ESCUDOS" is displayed in the center. The entire coin is a calm olive green.
The reverse design combines Portugal's maritime heritage with symbols of the colonial economy.
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[Meaning of PMG67 EPQ]
PMG67 is classified as a "Superb Gem Uncirculated" and is in near-perfect, unused condition with no traces of circulation.
EPQ (Exceptional Paper Quality) guarantees that the paper is original and has not been pressed, restored or cleaned.
67 EPQ is the highest grade in banknote grading and is a particularly highly regarded grade in the market.
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[Scarcity and market value]
Portuguese Guinea banknotes were issued for a short period of time and were discontinued after independence, so there are only a limited number of them in good condition.
especially:
・Highly appraised PMG67 EPQ
・Published before independence in 1971
・BNU Issue
・UK BWC printing
Pieces that combine these elements are in high demand on the international market and are attracting attention from collectors of Portuguese colonial series.
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[Investment perspective]
In recent years, the prices of former colonial banknotes have been rising in the international auction market. In particular, those with high grades and EPQs have been receiving stable appreciation.
Pre-independence African banknotes have a high academic value due to their clear historical background, and are increasingly being considered as long-term holdings.
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[Preservation state]
Enclosed in a genuine PMG slab case. Authenticity guaranteed. Suitable for long-term storage when stored in the case.
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[Basic specifications]
Country of issue: Portuguese Guinea
Publication year: 1971
Face value: 50 escudos
Issuing bank: Banco Nacional Ultramarino
Catalog: Pick#44a
Appraisal: PMG67 EPQ
Printed by Bradbury Wilkinson & Co.
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[From Goldsilverjapan]
Goldsilverjapan carefully selects and handles high-quality certified banknotes from around the world. This product is internationally certified and can be trusted.
We especially recommend this to those looking for Portuguese colonial series, African banknotes, and highly-certified PMG coins.
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[Overall review]
The 1971 Portuguese Guinea 50 Escudo banknote is an outstanding banknote that embodies the fusion of history, art, and finance.
・Published at the end of the colony
・Design symbolizing the Age of Discovery
・PMG67 EPQ
Excellent condition
With all these features, this banknote is sure to become the centerpiece of any collection.
