2 Mil Réis Thesouro Nacional, 12th. Print

Brazil's Thesouro Nacional relied heavily on the American Bank Note Company for its early twentieth-century emissions, this being one of several denominations in a long-running series that stretched across multiple "prints" — successive authorized runs using the same or modified plate stock rather than entirely new designs. The 12th print designation reflects a procurement pattern driven by chronic fiscal pressure rather than planned reissue cycles; Brazil's federal treasury regularly returned to ABNC for additional quantities as domestic revenue shortfalls and wartime inflation strained cash supplies.

The 2 Mil Réis was a working denomination, handled frequently, and surviving examples in better grades are genuinely less common than the catalog frequency suggests.