100 Mil Reis

The Banco do Café was one of several provincially chartered banks that emerged following Brazil's 1888 banking reforms and the Encilhamento — a speculative boom and monetary expansion under the early Republic that briefly flooded the country with competing paper currencies. The bank's lifespan was short; it did not survive the financial collapse that followed.

The American Bank Note Company printed the majority of Brazilian provincial bank issues of this period, and the plates for several Banco do Café notes show the high-quality intaglio work typical of ABNC's New York output in the early 1890s.

S541 is among the rarer survivors from this series — the bank's failure meant most unissued stock was likely destroyed rather than circulated.