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1000 Cruzeiros Thesouro Nacional, 2nd print, 'Valor Legal'
| Issuer | Tesouro Nacional (National Treasury of Brazil) |
|---|---|
| Year | 1963 |
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| Reference(s) | P#181 |
| Obverse description | Orange on polychrome underprint, printed in intaglio (chalcography) and offset. A central oval vignette bears a portrait of Pedro Álvares Cabral (1467/68–1520), discoverer of Brazil, framed by the legend 'REPÚBLICA DOS ESTADOS UNIDOS DO BRASIL' above and the denomination inscription 'MIL CRUZEIROS / VALOR LEGAL' below. Control elements are arranged bilaterally: to the left, the print number, serial number, sequence number, and the signature of the Director of the Amortization Fund; to the right, the sequence number, print number, serial number, and the signature of the Finance Minister. |
|---|---|
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| Reverse lettering | REPÚBLICA DOS 1000 1000 PRIMEIRA MISSA ESTADOS UNIDOS DO BRASIL THOMAS DE LA RUE & COMPANY, LIMITED, LONDON. (Translation: Republic of the First mass United States of Brazil Thomas De La Rue & Company, Limited, London.) |
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| Comments |
Brazil's early 1960s were defined by accelerating inflation — the cruzeiro was losing value faster than new notes could be distributed, and the Tesouro Nacional was issuing high-denomination paper as a holding action against a monetary system under severe structural pressure. The "Valor Legal" overprint on this second printing was a formal designation distinguishing treasury-backed legal tender from other circulating instruments, a distinction that mattered less to the public than to the finance ministry.
Victor Meirelles was a 19th-century painter, not a banknote designer — his work was adapted from existing institutional art, which accounts for the somewhat rigid translation of oil-canvas imagery into intaglio.