See full images - free registration
Continue with Google - no registration! or register with email

Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!

10 Mil Réis Caixa de Estabilização, 1st. Print

Issuer Caixa de Estabilização do Brasil
Year 1927
Type Log in to see details
Value 10 000 Réis (10 000)
Currency Log in to see details
Composition Log in to see details
Size Log in to see details
Shape Log in to see details
Printer Log in to see details
Designer(s) Log in to see details
Engraver(s) Log in to see details
In circulation to Log in to see details
Reference(s) Log in to see details
Obverse description Black intaglio on a polychrome lithographic underprint, with a central vignette presenting a classically styled bust of a female allegorical figure representing the Republic and Liberty, executed after a design by Paul Thumann. The denomination numeral 10 is repeated within ornate panels flanking the central portrait on both sides. The full statutory legend in Portuguese, including the issuing authority and legal payment clause, is arranged in letterpress text above and below the vignette.
Obverse lettering Log in to see details
Reverse description Log in to see details
Reverse lettering 10 10 REPUBLICA DOS 10 ESTADOS UNIDOS DO BRASIL 10 10 American Bank Note Company
(Translation: Republic of the United States of Brazil American Bank Note Company)
Signature(s) Log in to see details
Protection type Log in to see details
Protection description Log in to see details
Variants Log in to see details
Comments

The Caixa de Estabilização was a currency board established in 1926 under President Washington Luís, designed to peg the milréis to gold at a fixed rate of 6 pence sterling. These notes were gold-exchange certificates in the strict sense — each one theoretically backed by gold held in reserve, a deliberate departure from the inflationary paper policies Brazil had leaned on since the Encilhamento crisis of the 1890s. The board was dissolved in 1930 when the Great Depression drained the gold reserves and the scheme became untenable.

Sukeichi Oyama was one of the few Japanese-born engravers employed by the American Bank Note Company during that period, a small but remarkable detail in a field dominated by European-trained craftsmen.

YOU MAY ALSO LIKE