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Macao banknotes 100 Patacas 1919 Banco Nacional Ultramarino

Macao banknotes 100 Patacas Banco Nacional Ultramarino

Macao paper money currency 100 Patacas Banco Nacional Ultramarino
Macao banknotes 100 Patacas 1919 Banco Nacional Ultramarino

Manuscript signature at lower left. Red steamship seal III at right, arms at upper left. A high profile banknote and a highlight of this auction.
Back shown with always appealing near edge-to-edge under-printing and elaborate geometric lathe at center with arms at left and right.