Catalog
20 Mil Réis State Bonus, Series A
| Issuer | Thesouro do Estado do Rio Grande do Sul |
|---|---|
| Year | 1930 |
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| Value | 20 000 Réis (20 000) |
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| Obverse lettering | 10 ESTADO do RIO GRANDE do SUL 10 O THESOURO do ESTADO do RIO GRANDE do SUL pagará ao portador, seis mezes desta data 20$000 accrescidos dos juros de 71/2% ao ANNO, de accôrdo com a lei n.523, de 13 de outubro e dec. n. 4603, de 18 de outubro de 1930 BONUS 10 Lithographia da Livr. do Globo, Porto Alegre PORTO ALEGRE, 31 de OUTUBRO de 1930 DEZ MIL RÉIS 20 20 (Translation: State of Rio Grande do Sul The Treasury of the State of Rio Grande do Sul will pay the bearer, six months from this date, 20,000 (reis) with annual accrued interest of 7,5% , in accordance with law Nº:523, of 13th of october and decree Nº:4603, of 18th of october of 1930. BONUS Twenty Thousand Réis Lithography by `Livraria O Globo`, Porto Alegre) |
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| Reverse lettering | ESTADO do RIO GRANDE do SUL JUROS DE (BONUS) 71/2% AO ANNO LEI Nº 523 de 13 DE OUTUBRO e DEC. Nº4.603 de 18 de OUTUBRO de 1930 Lithographia da Livr. do Globo, Porto Alegre (Translation: State of Rio Grande do Sul Interest of 7,5% Annually Law Nº:523, of 13th of october and decree Nº:4603, of 18th of october of 1930.) |
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| Comments |
Rio Grande do Sul had a long history of fiscal independence that periodically put it at odds with the federal government in Rio de Janeiro, and the 1930 emission of these state bônus came at a particularly charged moment — Getúlio Vargas, then governor of the state, launched his successful revolution against the federal government in October of that same year. Whether these notes circulated widely before the political upheaval disrupted normal commerce in the state is an open question.
Lithografia da Livraria do Globo was a Porto Alegre commercial printer, not a specialist security press, and the production quality reflects that — the lithographic work is competent regional output rather than intaglio-engraved currency. Gaúcho state bônus of this period are genuinely scarce, partly because emissions were modest and partly because few collectors outside Brazil have systematically pursued them.