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| 背面描述 | Printed entirely in red intaglio. A central panel contains a vignette of the Banco Emissor do Norte building, presented as an architectural view within a framed cartouche. |
| 背面铭文 | 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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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.