Portuguese Monarchy Banknotes

The Portuguese Monarchy Banknotes represent the earliest fiduciary issues of Portugal, reflecting the country’s economic, political and artistic development from the 19th century to the early 20th century. Issued by the Bank of Portugal and other authorised institutions, these notes are known for their high‑quality engraving, classical iconography and depictions of coats of arms, allegorical figures and symbols of the Portuguese monarchy. This category gathers all banknote series and denominations from the Monarchy period, serving as a key reference for collectors and researchers of Portuguese paper money.