500 Escudos

Features

Issuer	Cape Verde
Issuing bank	Bank of Cape Verde (Banco de Cabo Verde)
Period	Republic (1975-date)
Type	Standard circulation banknotes
Year	1989
Value	500 Escudos (500 CVE)
Currency	Escudo (1914-date)
Composition	Paper
Size	138 × 67 mm
Shape	Rectangular
Demonetized	1 December 2008
Number	N# 233784
References	P# 59 Standard Catalog of World Paper Money (10 volumes).

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Series: 1989 "Amilcar Cabral" Issue

Obverse

Blue on multicolor underprint.
Portrait of Amilcar Cabral at right.
Serial number in black at left and red at right.

Script: Latin

Lettering:
BANCO DE CABO VERDE
500
QUINHENTOS ESCUDOS
20 de Janeiro de 1989

Translation:
Bank of Cape Verde
Five Hundred Escudos
January 20, 1989

Reverse

Blue on multicolor underprint.
Trawlers in Port of Mindelo synchrolift shipyard (São Vicente), Islet dos Passaros in background; coat of arms at right.

Script: Latin

Lettering:
BANCO DE CABO VERDE
A LEI PUNE O CONTRAFACTOR
500
QUINHENTOS ESCUDOS

Translation:
Bank of Cape Verde
The law punishes the counterfeiter
Five Hundred Escudos

Watermark

Portrait of A.Cabral

Signatures

Pedro Verona Rodrigues Pires (PVRP)	Minister of Finance
Amaro Alexandre da Luz (AAL)	Governor

Printer

De La Rue (Thomas de la Rue; Thomas De La Rue & Co.; TDLR), London, United Kingdom (1821-date)

Comments

Amílcar Lopes da Costa Cabral (12 September 1924 – 20 January 1973) was a Bissau-Guinean and Cape Verdean agricultural engineer, political organizer, and diplomat. He was one of Africa's foremost anti-colonial leaders. He was also a pan-Africanist and intellectual nationalist revolutionary poet.

Also known by the nom de guerre Abel Djassi, Cabral led the nationalist movement of Guinea-Bissau and the Cape Verde Islands and the ensuing war of independence in Guinea-Bissau. He was assassinated on 20 January 1973, about eight months before Guinea-Bissau's unilateral declaration of independence. He was deeply influenced by Marxism, becoming an inspiration to revolutionary socialists and national independence movements worldwide.

See more info: https://en.wikipedia.org/wiki/Amílcar_Cabral

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Date	Signatures	UNC	References		Frequency
Undetermined
1989-Jan-20	PVRP, AAL	$ 13	P# 59a Standard Catalog of World Paper Money (10 volumes).	Issued note	84%
1989-Jan-20	PVRP, AAL		P# 59s Standard Catalog of World Paper Money (10 volumes).	Specimen	3%

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this banknote. Since some users own several versions, the sum may be greater than 100%.

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This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Past sales

Pictures	Sale	Date	Version	Grade	Sold price
	Katz Auction 76 Lot 2145	28 Jan 2023	1989-Jan-20 PVRP, AAL – P# 59a – Issued note	UNC	USD 12.68 (EUR 11.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 107 Lot 1012	10 Jan 2024	1989-Jan-20 PVRP, AAL – P# 59s – Specimen	UNC (PMG UNC-64)	USD 33.42 (EUR 29.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 160 Lot 191	11 Jun 2025	Undetermined		USD 40.33 (EUR 35.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 135 Lot 3293	14 Aug 2024	Undetermined		USD 38.03 (EUR 33.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 121 Lot 991	18 Apr 2024	Undetermined		USD 18.44 (EUR 16.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.