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20 Mil Réis State Bonus, Series E

Issuer Thesouro do Estado do Rio Grande do Sul
Year 1933
Type Local banknote
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Obverse description Violet tint over a multicolour guilloche underprint, with an oval portrait vignette of Joaquim Francisco de Assis Brasil at left, his name inscribed beneath. The central field carries a large ornate numeral '20' within an elaborate guilloche panel, surmounted by the legend 'VINTE MIL REIS' and a block of typeset text citing the authorising law and decrees. Series letter 'E' appears at lower left, serial numbers at upper right and lower left, the date 'Porto Alegre, 1º de Maio de 1933' at lower centre, and the printer's imprint along the bottom margin.
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Reverse lettering THESOURO do ESTADO do RIO GRANDE do SUL Lithographia da Livr. Do Globo. Porto Alegre
(Translation: Treasury of State of Rio Grande do Sul Lithography of Globo Bookshop. Porto Alegre)
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Comments

Rio Grande do Sul's state treasury notes of the 1930s occupy an awkward constitutional grey zone. After Getúlio Vargas — himself a gaúcho — seized power in 1930, the federal government moved to suppress regional financial autonomy, yet the southern states continued issuing quasi-fiscal instruments under the cover of "bônus" and "vales" rather than banknotes proper. This Series E piece sits in that brief window before Vargas's 1933–34 centralization measures effectively ended state-level paper issuance.

Lithografia da Livraria do Globo was Porto Alegre's most capable commercial printer, not a security press. The lack of intaglio work is a known vulnerability of the entire series.

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