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100 Mil Réis Thesouro Nacional, 13th. Print

Issuer Thesouro Nacional (National Treasury of Brazil)
Year 1915
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Composition Paper
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Obverse lettering 100 100 REPÚBLICA DOS ESTADOS UNIDOS DO BRAZIL NO THESOURO NACIONAL SE PAGARÁ AO PORTADOR DESTA A QUANTIA DE 100 CEM MIL RÉIS VALOR RECEBIDO CARTIERI P. MILIANI, FABRIANO, ITÁLIA
(Translation: Republic of the United States of Brazil At the National Treasury the holder will be paid the amount of One Hundred Thousand Reis Amount received Cartieri P. Miliani, Fabriano, Italy)
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Protection type Watermark
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Comments

Brazil's National Treasury turned to Cartiere Miliani in Fabriano — a papermill with roots going back to the thirteenth century — for this series, a choice driven by the mill's long-standing expertise in security paper rather than any relationship with a conventional banknote printer. The "13th Print" designation reflects Brazil's practice of tracking successive print runs of the same approved design, a system that makes provenance tracing possible but frequently confuses collectors unfamiliar with the convention.

The 1915 date places this note in the middle of a period when Brazil's finances were under serious strain from falling coffee prices and wartime disruption to European credit markets. Watermarking remained the primary security measure — no intaglio, no serial complexity.

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