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10 Reais Pedro Álvares Cabral

Issuer Banco Central do Brasil
Year 2000-2001
Type Commemorative banknote
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Obverse description Printed in intaglio and offset in blue and orange on a polychrome underprint, the obverse bears a vignette portrait of Pedro Álvares Cabral, the Portuguese navigator who claimed Brazil for Portugal on 22 April 1500, accompanied by a reproduction of the Terra Brasilis map — among the earliest cartographic representations of the newly discovered territory. To the left background, a facsimile section of the letter written by Pero Vaz de Caminha to King Manuel I of Portugal serves as a historical underprint, constituting the earliest known written document of Brazilian history.
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Signature(s) Pedro Sampaio Malan and Arminio Fraga Neto
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Comments

Issued specifically to commemorate the 500th anniversary of the Portuguese arrival in Brazil, this note was the Banco Central do Brasil's first polymer issue — Casa da Moeda do Brasil printing on Guardian substrate rather than cotton paper. The transition was not seamless: early production runs showed adhesion problems with the intaglio ink layers, a known technical complaint with the series that collectors should examine closely on any example.

The commemorative mandate gave it a fixed lifespan. Most were pulled from circulation well before the polymer wore out, which is why heavily circulated survivors are genuinely harder to find than uncirculated ones.

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