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20 Mil Réis 3rd. Banco do Brazil, 3rd. Series
| Issuer | Banco do Brazil |
|---|---|
| Year | 1856 |
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| Composition | Log in to see details |
| Size | 206 × 117 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | VINTE 20 VINTE 3a. SÉRIE Banco do Brazil Rs.20$000 NO BANCO DO BRAZIL SE PAGARÁ ao portador desta a quantia de VINTE MIL RÉIS valor recebido. 20 VINTE 20 (Translation: Twenty 3rd. Series Bank of Brazil Payment will be paid at the Bank of Brazil to the bearer of this the amount of Twenty Thousand Reis value received.) |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
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| Protection type | Watermark |
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| Comments |
The third Banco do Brasil was a private institution, chartered in 1851 under the patronage of the Viscount of Mauá — Irineu Evangelista de Sousa — whose expansionist financial ambitions eventually outpaced the bank's reserves. This 20 mil réis note belongs to the series issued during the bank's most active years, before the monetary disruptions of the late 1850s forced a contraction of its note-issuing operations.
The watermark remains the sole security measure, which was not unusual for Brazilian private bank issues of this period but left these notes notably vulnerable to counterfeiting — a problem that dogged the Mauá bank throughout its existence.