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20 Mil Réis Banco de Crédito Popular do Brazil
| Issuer | Banco de Crédito Popular do Brazil |
|---|---|
| Year | 1890 |
| Type | Log in to see details |
| Value | 20 000 Réis (20 000) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Uniformly printed in orange intaglio, the reverse is covered in an intricate Marajoara-inspired geometric guilloche pattern with elaborate lathe-work rosettes and interlocking ornamental borders. The denomination numeral 20 appears in large counters at left and right, flanking a central oval cartouche bearing the authorizing decree text. The bank name arcs along the top and bottom borders in curved lettering, with the printer's imprint at the foot. |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Cancellation perforations applied to the note. |
| Variants | Log in to see details |
| Comments |
The Banco de Crédito Popular do Brazil was one of dozens of private banks that flooded into existence during the Encilhamento — the speculative boom unleashed by Finance Minister Rui Barbosa's liberalized banking decrees of 1890. The policy allowed virtually any institution with sufficient capitalization to issue its own notes, and for a period of roughly two years, Brazilian commerce was awash in competing paper from banks of wildly varying credibility. Many collapsed before their notes were ever meaningfully redeemed.
ABNC's involvement signals the bank had genuine capitalization behind it — New York engraving contracts were not cheap. The perforation cancellation on surviving examples is the only security feature, suggesting these circulated in a relatively narrow regional or commercial context before the 1891 crash ended the experiment.