Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
1 Centavo overprinted on P# 177
| Issuer | Banco Central do Brasil |
|---|---|
| Year | 1966-1967 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Cruzeiro novo (1967-1986) |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Green on polychrome underprint, printed in intaglio and offset. At centre, within an ornate decorated frame, a portrait vignette of Getúlio Dornelles Vargas (President of the Republic 1930–1945 and 1951–1954) flanked by the numeral 10 on either side. A circular overprint stamp reading 'BANCO CENTRAL - 1 CENTAVO' is applied over the base note. |
|---|---|
| Obverse lettering | REPÚBLICA DOS ESTADOS UNIDOS DO BRASIL 10 TESOURO NACIONAL 10 BANCO CENTRAL 1 CENTAVO DEZ CRUZEIROS GETULIO VARGAS DIRETOR CAIXA DE AMORTIZAÇÃO MINISTRO DA FAZENDA VALOR LEGAL THOMAS DE LA RUE & COMPANY, LIMITED, LONDON. (Translation: Republic of United States of Brazil Ten Cruzeiros National Treasury 10 10 Central Bank 1 Centavo Getulio Vargas Director of Amortization Fund Finance Minister Legal Amount Thomas De La Rue & Company, Limited, London.) |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
This note exists because of the Cruzeiro Novo transition, but that isn't what makes it interesting. Brazil's 1966–67 monetary reform lopped three zeros off the old cruzeiro, and rather than immediately printing fresh stock, the Banco Central authorized overprints on existing Thomas De La Rue sheets to bridge the gap. The 1 Centavo was the lowest denomination in the transitional series — worth one old cruzeiro — and had an extremely brief economic life before inflation rendered it functionally useless.
De La Rue applied the overprint to P#177 stock already in inventory. Circulated survivors tend to show heavy wear; the denomination's purchasing power evaporated so quickly that notes were spent rather than saved.