ORPHEU: revista trimestral de literatura / direcção: Portugal - Luiz de Montalvôr; Brazil - Ronald de Carvalho [nº 1]; directores Fernando Pessôa e Mario de Sá-Carneiro [nº 2]; propriedade Orpheu, Lda.- Nº 1 e nº2, ano I (Janeiro, Fevereiro e Março a Abril, Maio e Junho de 1915).- Lisboa: Editor António Ferro, 1915.- 2 vols.: il.; 24 cm.- E. Two only published issues, at the time, of an avant-garde literary magazine that, giving its name to a generation of poets and artists, identified with the modernist movement itself. The publication of the third issue would be canceled due to financial difficulties, only seeing the light of day in 1984, directed and compiled by Arnaldo Saraiva. From the collaboration, in addition to Fernando Pessoa and Mário de Sá Carneiro, we highlight the names of Almada Negreiros, Alfredo Pedro Guisado, Armando Cortes Rodrigues, Álvaro de Campos, Raúl Leal, Luís de Montalvor, Santa-Rita painter, Ronald de Carvalho, etc. The collation of the two numbers, with consecutive pagination, is as follows: nº 1 - [4 (missing)], 83, [1 br.] p.; nº 2 - [4], p. [85] to 164. First issue, missing the leaflet with the summary (4 p.), signed on the half-title (in pencil) by the poet Carlos Queiroz (1907-1949), nephew of Ofélia Queiroz. The second number preserves the leaflet with some underlining in ink; occasional very light browning stains; At the end, a sheet was added (with browning), containing part of the poem “Manucure”, by Mário de Sá-Carneiro, handwritten in blue ink (not signed). Both issues preserve the cropped, flapless, and restored paperback covers. Recent bindings, fully morocco (tobacco and black), signed Invicta Livro, reproducing in the covers the graphics of the two issues of the magazine.