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| 正面描述 | Printed in sepia on an ochre underprint in woodcut technique, the obverse centres on an oval vignette bearing a portrait of Ruy Barbosa de Oliveira (1849–1923). The design is framed by ornate guilloche work with the issuing authority's inscriptions arranged around the central medallion. Stamp, series, and order numbers are overprinted in red. |
|---|---|
| 正面铭文 | 100 100 REPÚBLICA DOS ESTADOS UNIDOS DO BRASIL NO THESOURO NACIONAL SE PAGARÁ AO PORTADOR DESTA A QUANTIA DE 100 100 CEM MIL RÉIS VALOR RECEBIDO CASA DA MOEDA RIO (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 Casa da Moeda Rio) |
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The "15th Print" designation in this series reflects the Casa da Moeda's practice of issuing successive impressions of the same authorized design rather than producing entirely new notes — a cost-driven approach that kept plates in service across multiple years. By the mid-1920s, Brazil's federal treasury was managing significant inflationary pressure, and high-denomination notes like this 100 Mil Réis were circulating in an economy where coffee export revenues still dominated monetary policy discussions in Brasília and Rio.
The Casa da Moeda had been printing Thesouro Nacional issues domestically since the late nineteenth century, making this an entirely home-produced note — no foreign contract printer involved, which was not always the case for Brazilian paper currency of the period.