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10 Mil Réis Banco da República dos Estados Unidos do Brazil, 1st. Print
| Issuer | Banco da República dos Estados Unidos do Brazil |
|---|---|
| Year | 1891-1893 |
| Type | Local banknote |
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| Reverse description | Uniface intaglio in blue on white paper. The design is composed entirely of elaborate engine-turned guilloche lacework filling the entire face, with two large numeral 10 medallions at left and right within circular guilloche rosettes. A central rectangular cartouche bears the authorising decree inscription, flanked symmetrically by intricate lathe-work ornamental panels. The issuer's name is distributed along the top and bottom margins within the guilloche border. |
| Reverse lettering | BANCO DA REPÚBLICA DOS 10 10 DECRETO Nº 1154 DE 7 DE DEZEMBRO DE 1890. ESTADOS UNIDOS DO BRAZIL AMERICAN BANK NOTE COMPANY, NEW YORK (Translation: Bank of the Republic of United States of Brazil Decree no. 1154 of December 7, 1890. American Bank Note Company, New York) |
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| Comments |
The Banco da República dos Estados Unidos do Brazil was a short-lived consolidation — formed in 1890 by the merger of the Banco do Brasil with the Banco Nacional, it held a monopoly on note issuance during one of the most chaotic monetary episodes in Brazilian history. The Encilhamento, the speculative boom-and-bust that followed Rui Barbosa's liberalized credit policies, flooded the economy with paper and destroyed confidence in new institutions almost as fast as they were chartered.
This ABNC-printed series predates the bank's own eventual collapse in 1896, when it was absorbed into the reconstituted Banco do Brasil. Notes from the first print run are distinguishable from later issues by plate characteristics cataloged under P#S641.