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100 Cruzeiros Thesouro Nacional, 2nd print, 'Valor Recebido'
| Issuer | Tesouro Nacional (National Treasury of Brazil) |
|---|---|
| Year | 1960 |
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| In circulation to | 12 February 1967 |
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| Obverse description | Red intaglio and offset printing over a polychrome guilloche underprint. At centre, a formal portrait vignette of Emperor Dom Pedro II is set within an ornate decorated frame, flanked on either side by the denomination numeral 100. Below the portrait, printed signatures of the Diretor da Caixa de Amortização and the Ministro da Fazenda appear above the inscription VALOR RECEBIDO, with the printer's imprint of Thomas De La Rue & Company, Limited arranged along the lower margin. |
|---|---|
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| Reverse description | Red intaglio on a plain ground. The central vignette presents an allegorical composition entitled Cultura Nacional (National Culture), after a painting by Cadmo Fausto de Souza, enclosed within a ruled border. The denomination numeral 100 is repeated in each corner, with the issuer title running along the upper margin and the printer's imprint of Thomas De La Rue & Company, Limited along the lower margin. |
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| Comments |
Brazil's Tesouro Nacional issued several long-running series through Thomas De La Rue in London, and the 100 Cruzeiros P#162 belongs to a printing cycle that stretched across a period of severe monetary instability — Brazilian inflation was accelerating sharply through the late 1950s and into the 1960s, meaning notes of this denomination were losing purchasing power almost as fast as they entered circulation.
The "Valor Recebido" clause — "value received" — is a holdover from earlier promissory conventions in Brazilian treasury note design, distinguishing this second print from the first in legal language rather than in any major visual revision. Worth noting for collectors tracking print variants.