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20 Cruzeiros Thesouro Nacional, 2nd print, 'Valor Recebido'
| Issuer | Tesouro Nacional (National Treasury of Brazil) |
|---|---|
| Year | 1955-1960 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | REPÚBLICA DOS ESTADOS ESTADOS UNIDOS DO BRASIL SE PAGARÁ AO PORTADOR DESTA A QUANTIA DE 20 NO TESOURO NACIONAL 20 MARECHAL DEODORO DA FONSECA DIRETOR CAIXA DE AMORTIZAÇÃO MINISTRO DA FAZENDA VINTE CRUZEIROS VALOR RECEBIDO THOMAS DE LA RUE & COMPANY, LIMITED, LONDON. (Translation: Republic of United States of Brazil will be paid to the carrier of this amount of twenty Cruzeiros in the National Treasury Marshal Deodoro da Fonseca Director of Amortization Fund Finance Minister Amount Received Thomas De La Rue & Company, Limited, London.) |
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| Signature(s) | Series 371-870 - Claudionor de Souza Lemos and Eugênio Gudin Series 871-1175 - Claudionor de Souza Lemos and Lucas Lopes Series 1176-1225 - Affonso Almino and Lucas Lopes Series 1226-1575 - Carlos Augusto Carrilho and Sebastião Paes de Almeida |
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| Comments |
The phrase "Valor Recebido" — value received — printed on these notes reflects a legal convention inherited from the imperial period, when Treasury notes were technically receipts for coin deposited rather than fiat instruments. By the 1950s it was a formality, but Brazil's finance ministry retained it through several successive print runs.
Four signature combinations across series 371–1575 track a remarkably turbulent stretch of Brazilian economic management: Eugênio Gudin, appointed Finance Minister in 1954 under Café Filho after Vargas's suicide, lasted barely six months before Lucas Lopes succeeded him within the same note series.