Catalog
10 Mil Réis Banco Emissor do Norte
| Issuer | Banco Emissor do Norte |
|---|---|
| Year | 1890 |
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| Composition | Paper |
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| Obverse description | Black intaglio on multicolour underprint. To the left, a vignette of two seated female allegorical figures representing Industry and Agriculture; to the right, the coat of arms of the Republic of Brazil. Print and series numbers appear in black, with the order number in red. Issued as a Specimen only and never placed into circulation. |
|---|---|
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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.