Owen Linzmayer announced the availability of the latest chapter of The Banknote Book -Editor
I'm pleased to announce the Madeira chapter is now available for individual sale at US$4.99, and as a free download to subscribers.
Madeira (Europe)
This 7-page catalog covers notes issued by the Banco de Portugal (Bank of Portugal) from 1875 to 1891, and the Casa da Moeda (Mint) in 1892. Published 08.06.2018.
For more information, or to order, see:
http://www.banknotenews.com/
I've heard of Madeira wine, but a banknote-issuing entity? Not so much. -Editor
Owen writes:
That's because Madeira is a tiny island colony of Portugal and their notes are super rare to the point of there are no prices in the chapter as they almost never trade.
Owen kindly shared a copy of the chapter with me and I've excerpted this text and a couple note images. Great rarities! -Editor
Madeira is an archipelago in the north Atlantic Ocean, 1,000 kilometers southwest of Portugal, consisting of the islands of Madeira (Portuguese: wood), Porto Santo (holy harbor), and the Desertas (deserts), administered
together with the separate archipelago of the Savage Islands. In 1419, the islands were claimed by Portugal, which began cultivating sugar cane on Madeira. After Portuguese sugar production shifted to Brazil, São Tomé and
Príncipe, and elsewhere in the 17th century, Madeira’s most important commodity became wine.
1879 Bank of Portugal Madeira provisional issue
Madeira Casa da Moeda scrip note
People in the United States know about the Mint, but have never heard of the Bureau of Engraving and Printing and often state that paper money is "made by the Mint." In this case, the Mint
(Casa da Moeda) actually produced small-denomination banknotes. -Editor
Wayne Homren, Editor
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