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100 Mil Réis State Bonus, Series F
| Issuer | Tesouro do Estado do Rio Grande do Sul |
|---|---|
| Year | 1934 |
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| Value | 100 000 Réis (100 000) |
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| Obverse description | Black ink on pink and multicolour underprint, with a central portrait vignette of Gaspar Silveira Martins. Ornate guilloche work frames the composition, with the denomination numeral and bond obligations text arranged around the portrait. The issuing authority title, series designation, and the full legal text citing the authorising law and decrees appear in letterpress across the face. |
|---|---|
| Obverse lettering | BÔNUS ESTADO DO RIO GRANDE DO SUL SÉRIE F O TESOURO PAGARÁ AO PORTADOR A DOZE MEZES DESTA DATA 100 PORTO ALEGRE, 1º DE MAIO DE 1934 Silveira Martins CEM MIL RÉIS E JUROS DE 1% AO ANO. LEI Nº 523 DE 13 DE OUTUBRO DE 1930. DECRETOS: Nº 4603, DE 18 DE OUTUBRO DE 1931, Nº 4738 DE 16 DE MARÇO DE 1931, Nº4817 DE 26 DE JUNHO DE 1931, Nº4937 DE 15 DE FEVEREIRO DE 1932. Nº5279 DE 24 DE FEVEREIRO DE 1933 E Nº 5546 DE 13 DE MARÇO DE 1934. BÔNUS Lit. Da Livraria do Globo. Porto Alegre (Translation: Bonus State of Rio Grande do Sul Series F The Treasury will pay the bearer, twelve months from this date, One Hundred Thousand Reis and interest of 1% annually. Law No. 523 of October 13, 1930. Decrees: No. 4603 of October 18, 1931, No. 4738 of March 16, 1931, No. 4817 of June 26, 1931, No. 4937 of February 15, 1932, No. 5279 of February 24, 1933 and No. 5546 of March 13, 1934. Porto Alegre, May 1st, 1934) |
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| Comments |
Rio Grande do Sul's state treasury issued these "Bônus do Tesouro" notes during a period when the federal government under Vargas had effectively centralized monetary authority — making locally printed state paper a political anomaly as much as a financial instrument. The Livraria do Globo was primarily a bookshop and publishing house in Porto Alegre; its lithographic workshop produced competent but commercially modest work, a far cry from the intaglio security printing common to federally issued paper of the same decade.
Series F implies at least five prior series, suggesting sustained demand for supplementary state liquidity well into the 1930s.