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10 000 Reis 10 Mil Reis

Issuer Banco de Portugal (Bank of Portugal)
Year 1878
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Value 10 000 Réis (10 000)
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Obverse lettering 10 10$000 10
DEZ DEZ
A DIRECÇÃO DO BANCO DE PORTUGAL
pagará à vista e ao portador
NA AGÊNCIA DO FUNCHAL EM MOEDA INSULANA
PRATA OU OURO
DEZ MIL RÉIS
LISBOA, 5 de novembro de 1878.
10$000
(Translation: Ten
The Management of The Bank of Portugal
will pay in cash and to the bearer at the Funchal agency in insular currency
silver or gold
Ten Thousand Reis
Lisbon, November 5, 1878.)
Reverse description Pale green letterpress print. A central oval guilloche medallion bears the denomination numeral and the word OURO, enclosed within an ornate symmetrical frame. Bank name is inscribed in bold letters across the upper portion of the frame.
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Comments

The Banco de Portugal's capacity to print its own notes in-house was relatively new by 1878 — the bank's Lisbon printing works, the Estamparia, had only come into proper operation in the 1870s after years of reliance on foreign contractors. This series represented an early assertion of domestic production at a moment when Portugal's public finances were under sustained strain from the accumulated debts of the Liberal Wars period and the ongoing cost of colonial administration.

The 10$000 réis denomination placed this firmly in large-transaction territory. Ordinary wage earners in 1870s Portugal rarely handled notes of this value.

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