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100 Mil Réis Thesouro Nacional, 7th. Print

Issuer Thesouro Nacional (National Treasury of Brazil)
Year 1897
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Reference(s) P#61
Obverse description Intaglio and lithographic print in black and blue-green on polychrome underprint. To the right, a seated female allegorical figure with a cherub forms the central vignette. The upper panel bears the legend 'NO THESOURO FEDERAL' in place of the originally intended 'NO THESOURO NACIONAL', a distinguishing characteristic of this issue.
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Reverse description Intaglio print in black on polychrome underprint. The central vignette presents an equestrian statue of Marshal Manuel Luís Osório (1808–1879), the celebrated Brazilian military hero, corresponding to the monument now situated at Praça XV in Rio de Janeiro. Denomination numerals appear at each corner.
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Comments

Brazil's Thesouro Nacional relied heavily on American Bank Note Company throughout the late imperial and early republican decades, and this 1897 issue falls squarely within that dependency. The designation "7th Print" signals that the underlying plate design had already seen six prior production runs — a common cost-saving measure that also complicates precise attribution, since successive printings could vary in paper stock, ink saturation, and serial numeral style without constituting a formally distinct type.

The mil réis system itself was already under strain by 1897. Brazil had passed through the Encilhamento speculation crisis of the early 1890s, and the currency was badly depreciated. Notes of this denomination entered circulation into an economy still digesting that damage.

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