Catalog
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| Issuer | Thesouro Nacional (National Treasury of Brazil) |
|---|---|
| Year | 1905 |
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| Currency | Real (1799-1942) |
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| Obverse description | Printed in red on ochre underprint using intaglio (chalcography) and lithography techniques. At left, a vignette of a female allegorical figure of the Republic surmounted by a child representing Agriculture; at right, a circular white medallion with a watermark bearing a female head in profile, with a second child allegory of Agriculture. Serial, stamp, and order numbers printed in red. |
|---|---|
| Obverse lettering | 20 20 REPUBLICA DOS ESTADOS UNIDOS DO BRAZIL NO THESOURO NACIONAL SE PAGARÁ AO PORTADOR DESTA A QUANTIA DE VINTE MIL RÉIS VALOR RECEBIDO GEO_DUVAL_INV. ET FEC. EMILE CROSBIE_SC. (Translation: Republic of the United States of Brazil At the National Treasury the holder will be paid the amount of Twenty Thousand Reis Amount received GEO_DUVAL_INV. ET FEC. EMILE CROSBIE_SC.) |
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| Comments |
Brazil's National Treasury turned to the Banque de France in the early 1900s partly out of dissatisfaction with earlier domestic printing quality, and partly because French intaglio work of this period was genuinely difficult to counterfeit. Duval and Crosbie were a well-matched pairing — Duval's compositional work appearing regularly on French colonial and foreign commissions, Crosbie's engraving precise enough to hold fine detail through repeated handling in a tropical climate where paper degraded quickly.
The "10th Print" designation reflects Brazil's practice of tracking successive print runs within a single authorized series rather than issuing new pick numbers — a bureaucratic distinction that matters more to specialists than casual collectors, but affects rarity estimates significantly between runs.