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20 Mil Reis
| Issuer | Thesouro do Estado de S. Paulo |
|---|---|
| Year | 1932 |
| Type | Standard circulation banknote |
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| Obverse description | Blue-grey note with a central intaglio portrait vignette of Domingos Jorge Velho set within an elaborate guilloche oval, flanked by large numeral '20' denominators on either side. The inscription 'PRO CONSTITUIÇÃO' arches above the portrait, with the heading 'THESOURO DO ESTADO DE S. PAULO BRAZIL' across the top. A redemption text in Portuguese runs along the lower portion, referencing Decreto No. 5585 of 14 July 1932, with serial numbers in red printed at upper left and lower right. |
|---|---|
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| Reverse lettering | BONUS DO THESOURO DO ESTADO PRO CONSTITUIÇÃO SAO PAULO 20 |
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| Comments |
The Thesouro do Estado de S. Paulo issued this note during the Constitutionalist Revolution of 1932, when São Paulo rose against Getúlio Vargas's provisional federal government. Cut off from the Banco do Brasil's supply networks, the state treasury needed emergency currency fast — and Companhia Melhoramentos, better known as a paper and printing house, was pressed into service as the practical solution at hand.
Melhoramentos had absorbed the old Weiszflog Irmãos firm, which had legitimate commercial printing experience, but producing banknotes was a different discipline. The results show it. Security features are rudimentary by any contemporary standard.