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10 Mil Réis Thesouro Nacional, 8th. Print

Issuer Thesouro Nacional (National Treasury of Brazil)
Year 1890
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Printer American Bank Note Company, New York, United States
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Obverse lettering 10 REPUBLICA 10 dos Estados Unidos do Brazil NO THESOURO Nacional 10 se pagará ao portador DESTA A QUANTIA DE DEZ MIL REIS VALOR RECEBIDO 10 DEZ AMERICAN BANK NOTE CO. NEW YORK DEZ
(Translation: 10 10 Republic from the United States of Brazil In the National Treasure 10 Will Be Paid To The Bearer This Amount of Ten thousand Reis Amount Received 10 Ten American Bank Note Co. New York Ten)
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Reverse lettering REPUBLICA 10 DOS ESTADOS UNIDOS 10 DO BRAZIL AMERICAN BANK NOTE COMPANY, NEW YORK
(Translation: Republic of the United States of Brazil 10 10 American Bank Note Company, New York)
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Comments

Brazil's First Republic was barely a year old when this note entered circulation. The transition from Empire to Republic in November 1889 triggered immediate pressure on the treasury, and the Encilhamento — the speculative financial frenzy of 1890–1891 — drove an aggressive expansion of the money supply. Notes like this one were part of that flood, authorized under the new republican government's early monetary decrees.

The "8th Print" designation distinguishes successive print orders placed with ABNC during a period when demand consistently outpaced supply. Earlier prints of the P#30 series are the scarcer survivors; this run had wider distribution before inflation and the eventual currency reforms of the mid-1890s pulled most examples out of use.

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