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1 Cruzeiro Novo overprinted on P# 173
| Issuer | Banco Central do Brasil |
|---|---|
| Year | 1966-1967 |
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| Currency | Cruzeiro novo (1967-1986) |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Orange, printed in intaglio. The central vignette reproduces Victor Meirelles's celebrated 1860 painting 'Primeira Missa no Brasil' (First Mass in Brazil), captioned 'PRIMEIRA MISSA' below the scene. Denomination numerals '1000' appear at upper left and upper right, with the inscription 'REPÚBLICA DOS ESTADOS UNIDOS DO BRASIL' across the upper register of the note. |
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| Signature(s) | Series 3831-3930 - Sérgio Augusto Ribeiro and Octávio Gouvêa de Bulhões Series 3931-4830 - Denio Chagas Nogueira and Octávio Gouvêa de Bulhões |
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| Comments |
Brazil's 1966 monetary reform lopped three zeros off the cruzeiro, creating the cruzeiro novo at a rate of 1,000:1. Rather than wait for entirely new stock, the Banco Central simply overstamped existing 1,000 Cruzeiros notes — P#173 — with the new denomination. It was a pragmatic stopgap, but it produced two distinct signature combinations tied to the transition between Octávio Gouvêa de Bulhões's ministerial tenure and the institutional reshuffling that followed.
The cruzeiro novo itself was short-lived; by 1970 it had been quietly renamed back to "cruzeiro," making this overprint series a relic of a denomination that existed in name for under four years.