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10 Mil Reis
| Issuer | Thesouro do Estado do Rio Grande do Sul |
|---|---|
| Year | 1930 |
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| Value | 10 Mil Reis |
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| Obverse description | Single-sided note with a central guilloche underprint in red bearing the large numeral '10' and the inscription 'BONUS' above the denomination 'DEZ MIL REIS'. The upper portion carries the heading 'ESTADO DO RIO GRANDE DO SUL' in bold letterpress, flanked by numeral corner blocks, while a text block at upper right details the redemption terms citing decrees of October 1930. At lower left, the place and date 'Porto Alegre, 31 de outubro de 1930' are printed, with two manuscript signatures below; at right, a circular state arms vignette appears alongside the series and serial number designations. |
|---|---|
| Obverse lettering | ESTADO DO RIO GRANDE DO SUL O THESOURO DO ESTADO DO RIO GRANDE DO SUL pagará ao portador seis mezes desta data 108000 accrescidos dos juros de 7% ao anno de accordo com a n. 328 de 15 de outubro e dec.n. 4603 de 18 de outubro de 1930. BONUS DEZ MIL REIS SERIE A Porto Alegre, 31 de outubro de 1930 Nº 134195 |
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| Comments |
The Thesouro do Estado do Rio Grande do Sul — the state treasury, not a bank — issued its own paper currency well into the twentieth century, a practice that had largely died out elsewhere in Brazil. Rio Grande do Sul retained unusual fiscal autonomy under the Old Republic's federalist structure, and these state-issued notes circulated alongside federal currency without significant legal friction. That arrangement ended abruptly in 1930, the same year this note was issued, when Getúlio Vargas's revolution toppled the Old Republic and centralized authority in Rio de Janeiro.
The timing makes this a terminal issue — printed in Porto Alegre essentially as the political ground was collapsing beneath the issuing authority.