Banknotes

Banco de Portugal, obverse and reverse archival photographs showing designs for the 500 Escudos of 1922, similar in almost all respects to the note eventually issued except for the large portrait of Joao de Deus being replaced with an allegorical maiden, photographs in excellent condition, laid down on thick card, fascinating to see early design work for an exceptionally rare note (2 photos)
Pick 129 for similar £340-£400