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100 Mil Réis Banco da República dos Estados Unidos do Brazil, 1st. Print
| Issuer | Banco da República dos Estados Unidos do Brazil |
|---|---|
| Year | 1891-1893 |
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| Reference(s) | P#S648 |
| Obverse description | Intaglio and lithographic print in black over a yellow and ochre underprint. At right, a standing female allegorical figure representing Commerce holds the Coat of Arms of the Republic, while at left a seated female figure rests before a globe bearing the ribbon inscribed 'Ordem e Progresso'. Print and series numbers appear in black, with the order number printed in red. |
|---|---|
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| Reverse lettering | 100 100 DECRETO Nº 1154 DE 7 DE DEZEMBRO DE 1890 100 100 ESTADOS UNIDOS DO BRAZIL 15 DE NOVEMBRO DE 1889 CEM MIL REIS AMERICAN BANK NOTE CO., NEW YORK (Translation: Decree no. 1154 of December 7, 1890. One Hundred Thousand Reis United States of Brazil November 15, 1889 One Hundred Thousand Reis American Bank Note Co., New York) |
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| Comments |
The Banco da República dos Estados Unidos do Brazil was a short-lived institution — formed in 1890 through the forced merger of the Banco do Brasil and the Banco Nacional do Brazil, it collapsed under the weight of the Encilhamento, the rampant speculative bubble that followed Brazil's abrupt shift to a paper-money economy after the Proclamation of the Republic in 1889. The bank was liquidated in 1892, making the issuance window for this series genuinely narrow.
ABNC production in New York was standard for Brazilian issues of this period, but the political instability meant many notes printed never completed normal distribution cycles.