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100 Mil Réis Banco Nacional do Brazil, overprinted on P# A247
| Issuer | Banco Nacional do Brazil |
|---|---|
| Year | 1890 |
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| Value | 100 000 Réis (100 000) |
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| Obverse description | Intaglio and lithographic print in black on polychrome underprint, reusing the design of the 5th issue National Treasury 100 Mil Réis note. The Imperial Arms appear at left, a bust of Emperor Dom Pedro II occupies the center vignette, and a profile bust of a woman appears at right. A three-line overprint reading BANCO NACIONAL DO BRAZIL NO RIO DE JANEIRO, NA THESOURARIA DESTE BANCO, and EM OURO E À VISTA is applied in black, with series and print numbers in black and the order number in red. |
|---|---|
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| Reverse description | Printed in orange by intaglio, the reverse is organized around a central vignette of an Armillary Sphere bearing the legend IMPERIO DO BRASIL, encircled by a ring of 20 stars. The remaining surface of the note is covered with intricate Marajoara-style ornamental designs. The printer's imprint AMERICAN BANK NOTE CO., NEW YORK appears at the base, flanked by the denomination numeral 100 at each side. |
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| Comments |
The Banco Nacional do Brazil was one of several institutions granted sweeping emission rights under the Encilhamento — the speculative financial frenzy that followed the proclamation of the Brazilian Republic in 1889. The overprint on existing American Bank Note Company stock was a practical shortcut: rather than commission entirely new plates, the bank simply applied its own authorization over sheets already printed for the predecessor Banco Nacional, designation A247.
That improvised arrangement lasted barely two years before the Encilhamento collapsed, taking several of the newly chartered banks with it.