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10 000 Cruzeiros Banco Central do Brasil, 1st print

Issuer Banco Central do Brasil
Year 1966
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Value 10 000 Cruzeiros (10 000 BRZ)
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Obverse description Dark grey intaglio over a polychrome offset underprint. To the right, a portrait vignette of aviation pioneer Alberto Santos-Dumont (1873–1932) is set beneath the arched heading REPÚBLICA DOS ESTADOS UNIDOS DO BRASIL. The left and central fields carry the denomination legends DEZ MIL CRUZEIROS and VALOR LEGAL alongside the numeral 10000, flanked by serial and sequence numbers, with printed signature lines for the Presidente do Banco Central and the Ministro da Fazenda.
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Reverse description Executed in blue intaglio, the reverse is centred on the large numeral 10000 framed by elaborate guilloche ornamentation. A rectangular vignette to the right illustrates Santos-Dumont's biplane 14-Bis in flight over Paris (1906), enclosed within a panel bearing the inscription REPÚBLICA DOS ESTADOS UNIDOS DO BRASIL.
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Comments

Brazil's shift to the cruzeiro novo in 1967 — lopping three zeros off the old cruzeiro — makes high-denomination notes like this one interesting relics of the inflationary spiral that preceded the reform. The 10,000 cruzeiro face value, enormous by the standards of the early 1960s, had become merely functional by the time this note entered circulation.

The American Bank Note Company contract for this series predates the monetary reform by less than a year, suggesting the plates were commissioned with little expectation they would circulate long. P#182B distinguishes the first print from subsequent issues by subtle signature and plate variations.

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