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10 Mil Reis

Issuer Banco da República do Brazil
Year 1893
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Value 10 Mil Reis
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Obverse description The obverse is printed in intaglio on a dark greenish-grey ground with fine guilloche underprint patterns, bearing the bank title 'BANCO DA REPUBLICA DO BRAZIL' in bold gothic lettering above a central denomination oval inscribed '10 DEZ REIS MILEZ 10'. An allegorical female vignette in classical dress occupies the left margin, with a second allegorical female figure at right, both framed by ornamental scrollwork. The lower portion carries manuscript-style text referencing the authorizing legislation of 13 de Setembro de 1893, along with series, serial, and stamp notations, and a cursive signature line for the Thesoureiro da Caixa da Amortização.
Obverse lettering DEZ MIL REIS
Banco da Republica do Brazil
RIO DE JANEIRO
10 DEZ REIS MILEZ 10
O THEZOUREIRO DA CAIXA DA AMORTIZAÇÃO
Nos termos da Lei N.1387 de 13 de Setembro de 1893
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Comments

Banco da República do Brazil was itself a short-lived institution — formed in 1890 through the forced merger of Banco do Brasil with Banco Nacional do Brazil, it collapsed under the weight of the Encilhamento, one of the most destructive speculative bubbles in Brazilian financial history. Notes of this series were circulating during the terminal phase of that crisis, when confidence in paper currency had largely evaporated.

The American Bank Note Company printed the bulk of Brazilian federal paper through this period, working from its New York facilities under long-standing contract arrangements that predated the Republic itself.

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