Catalog
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| Issuer | Thesouro Nacional (National Treasury of Brazil) |
|---|---|
| Year | 1892 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
| Size | 198 × 93 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | REPÚBLICA DOS ESTADOS UNIDOS DO BRAZIL C 100 C NO THESOURO NACIONAL SE PAGARÁ AO PORTADOR DESTA A QUANTIA DE CEM MIL RÉIS VALOR RECEBIDO AMERICAN BANK NOTE CO., NEW YORK (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 American Bank Note Co., New York) |
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| Reverse lettering | REPÚBLICA 100 100 DOS ESTADOS UNIDOS DO BRAZIL AMERICAN BANK NOTE COMPANY, NEW YORK (Translation: Republic of the United States of Brazil American Bank Note Company, New York) |
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| Comments |
Brazil's shift to a republican government in 1889 triggered an immediate and chaotic monetary expansion — the so-called "Encilhamento" — during which the Treasury flooded the market with paper currency to stimulate industrialization. The result was runaway inflation and widespread speculation. This note belongs to the series issued in the thick of that crisis, when public confidence in paper money had already been severely damaged.
The "6th Print" designation distinguishes successive ABNC print runs for the same type, each authorized as demand outpaced supply. By 1892 the Thesouro Nacional had effectively displaced the Banco do Brasil as the primary note-issuing authority, a consolidation that itself reflected the political turbulence of the early republic.