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10 Mil Réis Banco Emissor do Norte

Issuer Banco Emissor do Norte
Year 1890
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Value 10 000 Réis (10 000)
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Obverse lettering REPÚBLICA DOS ESTADOS UNIDOS DO BRAZIL BANCO EMISSOR DO NORTE NA THESOURARIA DO BANCO SE PAGARÁ AO PORTADOR EM MOEDA DE OURO E À VISTA A QUANTIA DE DEZ MIL RÉIS 10 NOS TERMOS DO DECRETO NÚMERO 253 DE 8 DE MARÇO DE 1890, ART 1º & 2º PARÁ DEZ MIL RÉIS American Bank Note Co., New York
(Translation: Republic of United States of Brazil Northern Issuing Bank In the bank's treasury the amount will be paid in gold and in sight Ten Thousand Reis In accordance with the Decree number 253 of March 8, 1890, Art 1 and 2 Ten Thousand Reis American Bank Note Co., New York)
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Reverse lettering DECRETO Nº 199 DE 19 DE JUNHO DE 1890. BANCO EMISSOR DO NORTE AMERICAN BANK NOTE COMPANY, NEW YORK
(Translation: Decree no. 199 of June 19, 1890. Northern Issuing Bank American Bank Note Company, New York)
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Comments

The Banco Emissor do Norte was one of several regional banks empowered to issue currency under Brazil's short-lived 1888–1890 banking reform, which dramatically loosened note-issuing privileges in the final years of the Empire and the chaotic first months of the Republic. The Norte bank, based in Recife, received its charter just as the political ground was shifting — Dom Pedro II was deposed in November 1889, and the new republican government quickly moved to consolidate emission rights away from regional institutions.

The American Bank Note Company handled printing for several of these Brazilian regional issuers simultaneously, which means plate workmanship is consistently high even for banks that barely survived long enough to circulate their notes widely. The Banco Emissor do Norte collapsed before its emission program reached anything close to full deployment.

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