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20 Cruzeiros Thesouro Nacional, 1st print, 'Valor Legal'

Issuer Tesouro Nacional (National Treasury of Brazil)
Year 1961-1963
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Printer American Bank Note Company, New York, United States
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Obverse description Blue intaglio on polychrome offset underprint. A central vignette presents the portrait of Marshal Manoel Deodoro da Fonseca, first President of the Republic (1889–1891), set within an ornate engraved frame and flanked on both sides by the denomination numeral 20. The face bears the issuing authority inscriptions, the denomination in full, and the VALOR LEGAL overprint, with the printer's imprint at the lower border.
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Reverse description Red intaglio on plain ground. The central vignette presents an allegorical and pictorial scene of the Proclamation of the Republic, after a painting by Cadmo Fausto de Souza, framed within an engraved border. The denomination numerals 20 appear in each corner, with the country title and printer's imprint completing the design.
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Signature(s) Series 461-960 - Carlos Augusto Carrilho and Clemente Mariani
Series 961-1260 - Reginaldo Fernandes Nunes and Miguel Calmon
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