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200 Cruzeiros overprint on 200 Mil Réis P# 81
| Issuer | Tesouro Nacional (National Treasury of Brazil) |
|---|---|
| Year | 1942 |
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| Reference(s) | P#130 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | REPUBLICA DOS ESTADOS UNIDOS DO BRAZIL NO THESOURO NACIONAL SE PAGARÁ AO PORTADOR DESTA A QUANTIA DE CASA DA MOEDA 200 CRUZEIROS 200 200 CASA DA MOEDA 200 CRUZEIROS 200 DUZENTOS MIL REIS 200 VALOR RECEBIDO 200 200 AMERICAN BANK NOTE COMPANY (Translation: Republic of the United States of Brazil In the National Treasury will be paid to the bearer of this the amount of Mint 200 Cruzeiros Two Hundred Thousand Réis Value Received American Bank Note Company) |
| Reverse description | Log in to see details |
| Reverse lettering | REPUBLICA DOS 200 200 ESTADOS UNIDOS DO BRASIL AMERICAN BANK NOTE COMPANY (Translation: Republic of the United States of Brazil American Bank Note Company) |
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| Comments |
When Brazil replaced the mil-réis with the cruzeiro on 1 November 1942, the government lacked freshly printed stock in sufficient volume to handle the transition. The solution was straightforward: existing 200 Mil-Réis notes had a "200 Cruzeiros" overprint applied, converting the denomination by simple ratio — one cruzeiro equalled one mil-réis. The underlying ABNC plates were already decades old by this point, and the overprint was applied locally in Brazil rather than by the original printer in New York.
Overprint alignment varies noticeably across surviving examples, a consequence of the rushed domestic application. Notes with strongly off-center or partially missing overprints occasionally surface and generate collector interest disproportionate to the base note's modest value.