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| 正面铭文 | 100 BANCO DA REPUBLICA DO BRAZIL RIO DE JANEIRO NA THESOURARIA DO BANCO SE PAGARÁ AO PORTADOR EM MOEDA DE OURO E A VISTA, A QUANTIA DE CEM MIL RÉIS NOS TERMOS DO DECRETO NUMERO 183-C DE 23 DE SETEMBRO DE 1893. 100 O THESOUREIRO DA CAIXA DA AMORTIZAÇÃO GIESECKE & DEVRIENT (Translation: Bank of the Republic of Brazil Rio de Janeiro In The Bank`s Treasury will be paid to the carrier in gold coin and sight, the amount of One Hundred Thousand Reis Under the terms of Decree Number 183-C of September 23, 1893. The Treasurer of the Amortization Fund Giesecke & Devrient) |
| 背面描述 | Lithograph in black and pink, centred on a large panel with a view of the harbour at Rio de Janeiro. The composition is framed by typographic borders carrying the bank name and denomination. |
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The Banco da República do Brasil was itself a short-lived institution — formed in 1892 through the forced merger of the Banco do Brasil and the Banco da República dos Estados Unidos do Brasil, it collapsed in 1896 under the weight of the Encilhamento's speculative wreckage, one of the most destructive financial crises in Brazilian history. Notes of this series were circulating during the worst of the deflation and credit contraction that followed Rui Barbosa's experiment with expansionist monetary policy.
Giesecke & Devrient's Leipzig plant was the dominant supplier of Brazilian currency printing during this period, a relationship that predated the Republic itself.