Set Description:
The Portuguese were the First Europeans to land on Indian soil in 1498. Althought they remained the dominant foreign power for almost two centuries, their importance had fallen considerably by the 18th century,when their control reduced to Goa,Daman and Diu on the western coast.The territories of Dadra and Nagar Haveli were added subsequently as a cessation from the Peshwas.
The first notes resulted from the Anglo-Portuguese convention of 1880 by Provincial Order No.566 of 27th September 1882.Notes"were made in London and started circulating in the State (India) on 1.x.1883".
The first note were uniface,had a watermark and were dated 1882 These notes were printed in London and under the responsibility of the Council of the Treasury. These notes even though dated 1882,were put into circulation on 1st October 1883.The first issue was withdrawn on 2nd November 1896.A second issue was by the General Government of the State of India as they now had the right to issue paper money.These notes entered into circulation in January 1897 are uniface and were printed in the National Press of Nova Goa.These notes were withdrawn from circulation on 1st February 1907.The subsequent issues were by the Banco Nacional Ultramarino and these were printed in London by Bradbury Wilkinson & Co.Ltd.,Gravadores.
With the monetary reform instituted in June 1958,the currency of Portuguese India underwent a change where decimalisation came into being.The decimal system of 100 Centavos equals to 1 Escudo.The last of these series of Notes were printed by Thomas de la Rue & Co.Ltd.,London and were in circulation until 1961,the year in which the Indian Army Liberated Goa.
{The contents of the above information was Copied from India Paper Money-2012 with the permission of its Author Sir Mr.Rezwan Razack.}
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