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100 Mil Réis Thesouro Nacional, 6th. Print
| Issuer | Thesouro Nacional (National Treasury of Brazil) |
|---|---|
| Year | 1892 |
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| In circulation to | 1901 |
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| Obverse description | Black on polychrome underprint, executed in intaglio and lithography. The left portion carries a vignette of Rua Direita (later Rua 1º de Março) at Praça XV, while the right bears a medallion with a maritime landscape. At centre, an oval intaglio vignette presents a female bust as an Allegory of the Republic, flanked by two letters C serving as Roman numeral denomination markers. |
|---|---|
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| Reverse description | Black and green, executed in intaglio. The central panel is occupied by a large reproduction of Vitor Meirelles's historical painting Batalha dos Guararapes (Battle of Guararapes), with denomination numerals and issuer inscriptions arranged in the surrounding border. |
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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.