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20 Reais 1st. Family, Stamp A
| Issuer | Banco Central do Brasil |
|---|---|
| Year | 2002-2010 |
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| Value | 20 Reais |
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| Composition | Log in to see details |
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| Obverse description | Printed in yellow and orange tones using intaglio (calcography) technique, the obverse bears a symbolic allegorical effigy of the Republic rendered in sculptural form as the central vignette. To the left, a tactile identification element consisting of two raised bars is incorporated into the design to assist visually impaired users in accordance with the Braille system. |
|---|---|
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| Signature(s) | series A0001A - A2125A - Pedro Sampaio Malan & Arminio Fraga Neto series A2126A - A7521A - Antonio Palocci Filho & Henrique de Campos Meirelles series A7522A - A9398A - Guido Mantega (not legible variety) & Henrique de Campos Meirelles series A9399A - A9999A - Guido Mantega (legible variety) & Henrique de Campos Meirelles series B0001A - B9999A - Guido Mantega (legible variety) & Henrique de Campos Meirelles series C0001A - 1594A - Guido Mantega (legible variety) & Henrique de Campos Meirelles series C1595A - ... - Guido Mantega & Alexandre Antonio Tombini |
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| Comments |
The signature progression across this note's print run maps directly onto Brazil's turbulent fiscal politics of the 2000s. Malan and Fraga Neto — the pairing that anchored the Real's inflation-targeting framework under Cardoso — give way mid-series to Palocci and Meirelles after Lula's 2002 election, a transition that markets initially feared would unravel exchange rate stability. It didn't, and Meirelles remained at the Banco Central long enough to appear alongside three different Finance Ministers across subsequent signature combinations.
Guido Mantega's signature appears in both legible and non-legible varieties during overlapping series ranges, making the A9398A–A9399A boundary a minor but genuine collecting distinction.