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100 Cruzeiros Thesouro Nacional, 1st print, 'Valor Legal'
| Issuer | Tesouro Nacional (National Treasury of Brazil) |
|---|---|
| Year | 1961-1964 |
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| Value | 100 Cruzeiros (100 BRZ) |
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| Obverse description | Blue intaglio print over a polychrome offset underprint, centred on an engraved portrait vignette of Emperor Dom Pedro II set within an ornate decorated frame. The numeral '100' appears in large figures to either side of the central vignette. Issuing authority, denomination, and signatory titles are arranged in the surrounding margins. |
|---|---|
| Obverse lettering | REPÚBLICA DOS ESTADOS UNIDOS DO BRASIL TESOURO NACIONAL 100 100 CEM CRUZEIROS DIRETOR CAIXA DE AMORTIZAÇÃO MINISTRO DA FAZENDA D.PEDRO II VALOR LEGAL AMERICAN BANK NOTE COMPANY. (Translation: Republic of the United States of Brazil National Treasury 100 100 One Hundred Cruzeiros Director of the Amortization Fund Finance Minister D. Pedro II Legal Tender American Bank Note Company.) |
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| Comments |
Octávio Gouvêa de Bulhões appears across two of the three signature combinations here — unusual continuity for a series spanning the political turbulence of the early 1960s, which included Jânio Quadros's abrupt resignation in 1961 and the eventual military coup of 1964. Bulhões would later serve as Finance Minister under Castelo Branco and co-architect of the 1964–1967 stabilization program that ultimately replaced the cruzeiro altogether.
The "Valor Legal" overprint distinguishes this issue from earlier face-value designations, a bureaucratic change with real monetary implications during Brazil's accelerating inflation of the period.