Anand writes: I have got a currency note of 20 units of Timor Vinte Escudos. On the top of it these words are written “BANCO NACIONAL ULTRAMARINO”. It has photograph of ” regulo d. aleixo”. I want to sell it – please let me know the market value.
The note is from Timor an Island near Indonesia and became the 24th province of that Nation in 1976. The note you have was issued on 24 October, 1967. It is a popular note but not particularly scarce except in uncirculated condition. Values range from US$1 to more than $25.