Catalog
100 Mil Reis
| Issuer | Banco Credito Popular do Brazil, Rio de Janeiro |
|---|---|
| Year | 1890 |
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| Reference(s) | P#S553 |
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|---|---|
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| Reverse description | Printed entirely in deep red-pink on a white ground, the reverse centres on a large intaglio pastoral vignette of a flock of sheep resting beneath a broad tree in a rural landscape. The vignette is enclosed within an ornate lathe-work border with repeating geometric guilloche patterns extending to all four corners. The bank name 'BANCO DE' appears at upper centre and 'CREDITO POPULAR DO BRAZIL' along the lower margin, with the numeral 100 rendered in mirror image at left and right within panel cartouches. A decree reference panel at upper left reads 'DECRETO No 1036 B DE 11 DE NOVEMBRO DE 1890'. |
| Reverse lettering | BANCO DE CREDITO POPULAR DO BRAZIL DECRETO No 1036 B DE 11 DE NOVEMBRO DE 1890 100 |
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| Comments |
Banco Credito Popular do Brazil was one of dozens of private banks granted note-issuing authority during Brazil's chaotic Encilhamento period — a speculative boom triggered by the 1888 abolition of slavery and the 1889 republican coup, when the provisional government dramatically loosened banking regulations to stimulate economic activity. The resulting proliferation of paper money, much of it poorly backed, contributed directly to the inflationary collapse of the early 1890s.
ABNC handled the printing, as they did for a significant portion of Brazilian private bank issues of this period, supplying notes to institutions whose operational lifespans were often measured in months rather than years. Whether this bank survived long enough to circulate its notes in any meaningful volume is genuinely unclear.