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1000 Réis
| Issuer | Banco de Portugal |
|---|---|
| Year | 1891 |
| Type | Log in to see details |
| Value | 1000 Réis |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO DE PORTUGAL 1000 QUINHENTOS RÉIS PRATA Lisboa 1 de Julho de 1891 DOMICILIADA NA AGÊNCIA BANCO DE PORTUGAL NO FUNCHAL NOS TERMOS DO DECRETO DE 18 DE JULHO DE 1891. (Translation: Bank of Portugal One Thousand Reis Silver Lisbon, July 1, 1891 Domiciled in agency of Bank of Portugal in Funchal In accordance with Decree of July 18, 1891.) |
| Reverse description | Printed in brown tones on a plain ground, the reverse is dominated by an elaborate central oval medallion enclosing the Portuguese crowned coat of arms, itself set within a densely worked geometric guilloche pattern composed of interlocking star and foliate motifs that extends to the note's borders. Denomination numerals appear in the upper corners. |
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| Comments |
The 1891 issue coincided with one of the most severe financial crises in Portuguese history. Following a catastrophic sovereign default that year — triggered by a collapse in Brazilian trade revenues and chronic government overspending — Banco de Portugal came under intense pressure to expand note circulation to cover state obligations. This 1000 Réis was part of that emergency expansion.
The series is known for ink oxidation issues on surviving examples, particularly affecting the dark blue printing. Paper brittleness along fold lines is common, a consequence of the lower-quality stock used under the constrained procurement conditions of 1891.