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| Issuer | Thesouro do Estado de São Paulo |
|---|---|
| Year | 1932 |
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| Printer | Companhia Melhoramentos de São Paulo (Weiszflog Irmãos Incorporada), Brazil |
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|---|---|
| Obverse lettering | 10 10 THESOURO DO ESTADO DE S. PAULO BRAZIL 10 DEZ MIL REIS PRÓ-CONSTITUIÇÃO 10 10 MARQUÊZ DE TAMANDARE O portador deste receberá no Thesouro do Estado de S. Paulo a quantia de 10$000 (dez mil réis) de accordo com o Decreto N.º 5585 de 14 de Julho de 1932. 10 10 COMP. MELHORAMENTOS DE SÃO PAULO (WEISZFLOG IRMÃOS INCORPORADA) S. PAULO - RIO - CAYEIRAS. (Translation: Treasury of the State of São Paulo. Brazil Ten Thousand Réis Pro-Constitution Marquis of Tamandaré The bearer of this will receive at the Treasury of the State of São Paulo the amount of 10$000 (ten thousand réis) in accordance with Decree No. 5585 of 14 July 1932. Companhia Melhoramentos de São Paulo (Weiszflog Brothers Incorporated) São Paulo - Rio - Cayeiras.) |
| Reverse description | Printed in yellow and orange by lithography, the reverse presents a plain yet bold design centred on the inscription 'BONUS DO THESOURO / DO ESTADO DE S. PAULO / PRÓ CONSTITUIÇÃO' within a simple decorative frame. The Arabic numeral '10' is repeated on both the left and right sides of the central text panel, serving as the sole denomination indicators on this side. |
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| Comments |
The Constitutionalist Revolution of 1932 — São Paulo's armed uprising against the Getúlio Vargas federal government — lasted just over three months but generated a parallel financial apparatus entirely independent of the Banco do Brasil. These bonus notes were issued by the São Paulo state treasury to fund the war effort locally, bypassing federal monetary channels altogether. The 2nd print designation matters: demand outpaced the initial run, requiring a second press cycle at Melhoramentos before the revolution collapsed in October.
Defeated militarily, São Paulo nonetheless won several political concessions that followed — a hollow comfort for a state that had printed its own money to fight the federal government and lost.