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10 Mil Réis Banco Nacional do Brazil, 1st. Print
| Issuer | Banco Nacional do Brazil |
|---|---|
| Year | 1890 |
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| Printer | American Bank Note Company, New York, United States |
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| Obverse description | Intaglio and lithographic printing in black on polychrome underprint. The composition is divided into three allegorical vignettes: at left, two seated female figures personifying Commerce and Agriculture; at centre, two cherubs flanking the denomination panel; at right, two seated female figures personifying Government and Justice. Series and print numbers appear in black, with the order number printed in red. |
|---|---|
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| Reverse lettering | LEI 3.403 DE 24 DE NOVEMBRO DE 1888 10 DEZ MIL RÉIS American Bank Note Co., New York (Translation: Law No. 3,403 November 24, 1888 Ten Thousand Reis American Bank Note Co., New York) |
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| Comments |
The Banco Nacional do Brazil was a short-lived private institution chartered in 1889 under the early republican government, granted note-issuing privileges as part of the Encilhamento — the speculative boom that followed the proclamation of the Brazilian Republic and the sweeping banking reforms pushed through by Finance Minister Rui Barbosa. The policy flooded the market with bank-issued paper, and the Nacional was one of several institutions that collapsed before the decade was out.
ABNC produced the plates in New York; the "1st. Print" designation distinguishes this from later printings with altered vignettes or serial numbering, not a different printer.