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100 Cruzeiros Thesouro Nacional, 1st print, 'Valor Recebido'
| Issuer | Tesouro Nacional (National Treasury of Brazil) |
|---|---|
| Year | 1955-1959 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | REPÚBLICA DOS ESTADOS UNIDOS DO BRASIL SE PAGARÁ AO PORTADOR DESTA A QUANTIA DE NO TESOURO NACIONAL 100 100 CEM CRUZEIROS DIRETOR CAIXA DE AMORTIZAÇÃO MINISTRO DA FAZENDA D.PEDRO II VALOR RECEBIDO AMERICAN BANK NOTE COMPANY. (Translation: Republic of the United States of Brazil will pay to the bearer of this the amount of one hundred Cruzeiros at the National Treasury 100 100 One Hundred Cruzeiros Director of the Amortization Fund Finance Minister D.Pedro II Value Received American Bank Note Company.) |
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| Signature(s) | Series 236-435 - Claudionor de Souza Lemos and Eugênio Gudin Series 436-535 - Claudionor de Souza Lemos and Jose Maria Alkimin Series 536-660 - Claudionor de Souza Lemos and Lucas Lopes |
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| Comments |
The signature progression here traces Brazilian finance ministry turnover with unusual precision. Eugênio Gudin, a committed economic liberal who briefly served as Finance Minister under Café Filho in 1954–55, appears on the earliest series — his tenure lasted only months before political pressure forced his resignation. Alkmin and Lucas Lopes followed under Kubitschek, the latter closely tied to the aggressive industrialization program that was, somewhat ironically, generating the inflationary pressure these notes were already struggling against.
The phrase "Valor Recebido" on Tesouro Nacional obligations of this period was a carry-over from older treasury note conventions, distinguishing these from Banco do Brasil instruments circulating simultaneously — a distinction that mattered administratively but was largely invisible to ordinary users.