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10 Centavos overprinted on P# 180
| Issuer | Banco Central do Brasil |
|---|---|
| Year | 1966-1967 |
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| Composition | Log in to see details |
| Size | 157 × 67 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Red offset and intaglio print on polychrome underprint. At center, an allegorical vignette representing National Culture, based on a painting by Cadmo Fausto de Souza, flanked by the numeral 100 at each corner. The design retains the original 100 Cruzeiros reverse layout with the overprint denomination applied. |
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| Variants | P#185a - series 416-911 incorrect spelling of "Ministro" as "MINSTRO" P#185b - series 912-1515 correct spelling of "MINISTRO" |
| Comments |
Brazil's chronic inflation through the mid-1960s regularly outpaced the government's ability to print new denominations quickly enough. Rather than wait for a fresh print run, the Banco Central authorized the overprinting of existing Cruzeiro notes — in this case, P#180 — with new Cruzeiro Novo values following the monetary reform of February 1967, which lopped three zeros off the old currency at a rate of 1,000 Cruzeiros to 1 Cruzeiro Novo.
The overprint itself was applied by Thomas De La Rue in London, on stock already printed for the previous series. Overprint legibility varies noticeably across the run.