10 Mil Réis Thesouro Nacional, 16th. Print

Brazil's Thesouro Nacional notes of this period were issued under the monetary framework established after the tumultuous inflation of the early Republic years, when successive coffee valorization schemes and war financing had badly eroded confidence in federal paper. By the early 1920s the government was printing domestically through Casa da Moeda rather than contracting British or French firms — a shift driven by post-WWI economics as much as nationalist policy.

The "16th Print" designation matters here: the same basic plate design was reissued across multiple print runs spanning years, and series identification depends on that print number rather than date alone.