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100 Mil Réis Thesouro Nacional, 11th. Print
| Issuer | Thesouro Nacional (National Treasury of Brazil) |
|---|---|
| Year | 1909 |
| Type | Standard circulation banknote |
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| Obverse description | Black on polychrome underprint, executed in intaglio and lithography. At left, a vignette presents a seated female figure accompanied by a cherub as an Allegory of the Arts; serial numbers and an overprint stamp appear in black, with the order number in red. The face value "CEM MIL RÉIS" is stated in full, with numeral counters repeated across the note. |
|---|---|
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| Reverse description | Printed in ochre tones by a combination of intaglio and lithography. At centre, an oval medallion contains a bust portrait of a female figure as an Allegory of the Republic, flanked on either side by the Arms of the Republic. Numeral counters and the issuer inscription are arranged symmetrically within the geometric border. |
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| Comments |
Brazil's Treasury notes of this period were printed under a long-running contract with the American Bank Note Company at a time when the Brazilian government lacked the domestic infrastructure to produce secure currency at scale. The 11th print designation — "11ª Estampilha" — marks one of the later iterations in a series that had been running since the late nineteenth century, updated incrementally to manage circulation and counterfeiting rather than redesigned outright.
The Mil Réis system was already showing strain by 1909, with chronic exchange rate volatility tied to coffee export cycles driving repeated monetary adjustments throughout the First Republic period. This note predates the Caixa de Conversão collapse by only a few years.