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1 Centavo overprinted on P# 177

Uitgever Banco Central do Brasil
Jaar 1966-1967
Type Log in om details te zien
Waarde 1 Centavo (0.01 BRB)
Valuta Log in om details te zien
Samenstelling Log in om details te zien
Afmetingen Log in om details te zien
Vorm Log in om details te zien
Drukker Log in om details te zien
Ontwerper(s) Log in om details te zien
Graveur(s) Log in om details te zien
In omloop tot Log in om details te zien
Referentie(s) Log in om details te zien
Beschrijving voorzijde Log in om details te zien
Opschrift voorzijde 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.)
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde Log in om details te zien
Handtekening(en) Log in om details te zien
Beveiligingstype Log in om details te zien
Beschrijving beveiliging Log in om details te zien
Varianten P#183a - series 3056-3151 incorrect spelling of "Ministro" as "MINSTRO"
P#183b - series 3152-4055 correct spelling of "MINISTRO"
Opmerkingen

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.

MISSCHIEN OOK INTERESSANT