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10 Mil Réis Banco de Crédito Popular do Brazil
| Issuer | Banco de Crédito Popular do Brazil |
|---|---|
| Year | 1890 |
| Type | Local banknote |
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| Obverse description | Intaglio and lithographic print in black over an olive-green and yellow underprint. At the left margin, an allegorical vignette of Justice is shown as a standing female figure holding a balance in her left hand and a sword in her right hand; at right, a secondary vignette presents a panoramic view of the Rio de Janeiro waterfront with Sugarloaf Mountain visible in the background. Series and print numbers appear in black, the order number is printed in red, and the note bears punch-perforation cancellation. |
|---|---|
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| Reverse lettering | BANCO DE CRÉDITO POPULAR DO BRAZIL 10 DECRETO Nº 1036-B DE 14 DE NOVEMBRO DE 1890. AMERICAN BANK NOTE COMPANY, NEW YORK (Translation: Popular Credit Bank of Brazil Decree no. 1036-B of November 14, 1890. American Bank Note Company, New York) |
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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.