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10 Cruzeiros

Issuer Casa da Moeda do Brasil
Year 1965
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Value 10 Cruzeiros (10 BRZ)
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Reverse description The reverse displays a bold, large numeral 10 rendered in an elegant italic script dominating the entire field, with the denomination legend CRUZEIROS inscribed horizontally across the center, integrated into the numeral's design. The date 1965 appears in small, evenly spaced numerals along the lower exergual area. The composition is clean and typographically stylized, characteristic of mid-twentieth-century Brazilian coin design.
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Reverse lettering 10 CRUZEIROS 1965
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Additional information

Brazil's currency system was in freefall by 1965. The cruzeiro had been hemorrhaging value since the early 1960s under successive governments' deficit spending, and the military junta that seized power in April 1964 inherited an inflation rate exceeding 80 percent annually. Aluminium was chosen for this denomination not as a cost-saving afterthought but as a direct response to metal hoarding — earlier cupronickel pieces were being pulled from circulation for their intrinsic value.

The cruzeiro itself would survive only until 1967, when the regime redenominated at 1,000-to-1, introducing the cruzeiro novo.

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