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20 Mil Réis Banco de Crédito Popular do Brazil

Uitgever Banco de Crédito Popular do Brazil
Jaar 1890
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Samenstelling Paper
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Opschrift voorzijde 20 20 BANCO DE CRÉDITO POPULAR DO BRAZIL RIO DE JANEIRO NA THESOURARIA DO BANCO SE PAGARÁ AO PORTADOR A QUANTIA DE VINTE MIL REIS EM OURO E À VISTA NOS TERMOS DO DECRETO NÚMERO 253 DE 8 DE MARÇO DE 1890, ART 1º & 2º 20 20 AMERICAN BANK NOTE CO., NEW YORK
(Translation: Popular Credit Bank of Brazil Rio de Janeiro In the bank`s treasury the amount will be paid Twenty Thousand Reis in gold and in sight in accordance with the Decree number 253 of March 8, 1890, Art 1 and 2 American Bank Note Co., New York)
Beschrijving keerzijde 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.
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Opmerkingen

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.

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