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10 Mil Réis Banco de Crédito Popular do Brazil
| Issuer | Banco de Crédito Popular do Brazil |
|---|---|
| Year | 1890 |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | BANCO DE CRÉDITO POPULAR DO BRAZIL RIO DE JANEIRO NA THESOURARIA DO BANCO SE PAGARÁ AO PORTADOR D`ESTA A QUANTIA DE 10 DEZ MIL REIS EM OURO E À VISTA NOS TERMOS DO DECRETO NÚMERO 253 DE 8 DE MARÇO DE 1890, ART 1º & 2º AMERICAN BANK NOTE CO., NEW YORK (Translation: Popular Credit Bank of Brazil Rio de Janeiro In the bank`s treasury the amount will be paid Ten Thousand Reis in gold and in sight in accordance with the Decree number 253 of March 8, 1890, Art 1 and 2 American Bank Note Co., New York) |
| Reverse description | Printed entirely in intaglio in black over an olive-green underprint. The design is composed of intricate lathe-work guilloche patterns arranged symmetrically around a central rosette, with the denomination numeral 10 repeated in each corner and at the centre. A ribbon cartouche at upper left carries the bank name, the decree reference is contained within a rectangular panel at right, and the printer's imprint appears in the lower margin. |
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| Comments |
The Banco de Crédito Popular do Brazil was one of dozens of private banks chartered during the Encilhamento — the speculative boom unleashed by Finance Minister Rui Barbosa's 1889–1891 banking deregulation, which allowed newly formed institutions to issue their own notes against government bonds. The experiment ended badly. Most of these banks collapsed within a few years, and their note issues became worthless; surviving examples in any condition are genuinely uncommon precisely because circulation was often brief and redemption chaotic.
ABNC handled the printing before the bubble burst, which places manufacture firmly in the early months of the republic.