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20 Mil Réis Banco do Brasil, 2nd. Print

Issuer Banco do Brasil
Year 1930
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Value 20 000 Réis (20 000)
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Obverse lettering 20 BANCO DO BRASIL NA SEDE DO BANCO DO BRASIL, SE PAGARÁ AO PORTADOR DESTA, DE ACCORDO COM A LEI N. 4635 DE 8 DE JANEIRO DE 1923, A QUANTIA DE VINTE MIL REIS. 20 20 ARTHUR BERNARDES AMERICAN BANK NOTE COMPANY
(Translation: Bank of Brazil at Banco do Brasil's Headquarters, it will be paid to the bearer hereof in accordance with Law No. 4635 of January 8, 1923, the amount of Twenty Thousand Reis. 20 20 Arthur Bernardes American Bank Note Company)
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Reverse lettering 20 20 BANCO DO BRASIL AMERICAN BANK NOTE COMPANY
(Translation: 20 20 Bank of Brazil American Bank Note Company)
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Comments

The Banco do Brasil's reliance on the American Bank Note Company for its higher-denomination notes in this period was a practical consequence of Brazil's limited domestic printing infrastructure — ABNC held contracts with the bank across multiple series throughout the late nineteenth and early twentieth centuries. This is the second print of the P#117 design, distinguishable from the first by subtle typographic and plate differences that specialists have catalogued but which are easily overlooked without direct comparison.

1930 was the year Getúlio Vargas came to power through a military coup in October, ending the Old Republic. Notes issued that year straddle two political regimes, though monetary policy disruption came gradually rather than overnight.

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