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The 1000 escudos banknote issued in 1980 (CR series) belongs to the Banco de Portugal issues from a period of monetary modernization preceding the adoption of the euro. It is part of a series honoring major historical figures of Portugal while promoting technical progress.
The obverse features the portrait of Pedro V of Portugal, King of Portugal in the 19th century, known for his commitment to the country's development and infrastructure modernization. His depiction is accompanied by refined graphic elements, typical of Portuguese banknotes of that era.
The reverse illustrates a locomotive, a symbol of industrial progress and transport development in Portugal. This iconography highlights the importance of the railway in the country's economic modernization in the 19th century, a period during which Pedro V encouraged technological advances.
From a technical point of view, this banknote is printed on high-quality fiduciary paper, incorporating classic security features: watermark, fine guilloches, numbering, and official signatures. The fineness of the engraving and the richness of the details testify to the printers' craftsmanship.
The CR series corresponds to a specific combination of letters and numbering. These variants are important for collectors, as they allow identifying different print runs and evaluating their relative rarity.
This banknote was withdrawn from circulation with the introduction of the euro in Portugal in 2002, marking the end of the use of the escudo.
Numismatically, the 1000 escudos 1980 ? CR series is an interesting piece:
for its historical and industrial theme
for the representation of Pedro V
for its elegant and detailed design
Finally, for the collector, this banknote serves as a testimony to Portugal's economic and industrial history. It embodies both technical progress and monarchical heritage, making it a representative piece of modern Portuguese numismatics.