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| 正面描述 | Intaglio and letterpress print in black over a polychrome guilloche underprint; at left, an allegorical vignette of a seated female figure representing Minerva accompanied by an eagle. Serial, stamp, and order numbers are printed in red, and the full title of the issuing authority is set within decorative guilloche borders framing the central text panel. The denomination "DEZ MIL RÉIS" appears in large type at centre, flanked by numeral counters. |
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| 正面铭文 | 10 10 REPÚBLICA DOS ESTADOS UNIDOS DO BRAZIL NO THESOURO NACIONAL SE PAGARÁ AO PORTADOR DESTA A QUANTIA DE 10 DEZ MIL RÉIS VALOR RECEBIDO AMERICAN BANK NOTE COMPANY, NEW YORK (Translation: Republic of the United States of Brazil In the National Treasury will be paid to the holder of this amount of Ten Thousand Réis Amount Received American Bank Note Company, New York.) |
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Brazil's National Treasury turned to the American Bank Note Company repeatedly in this period, and the "12th Print" designation reflects the practical reality of a country cycling through successive print orders rather than redesigning its currency — the basic plate remained in use across multiple emissions with incremental control changes. By 1911, the mil réis was already operating under severe pressure from the coffee valorization scheme and the monetary expansion it required, with the government borrowing heavily against future harvests to prop up prices.
The ABNC's New York production for Brazilian clients was extensive enough that distinguishing prints within a series now depends largely on serial number blocks and minor typographic differences in the treasury control text.