| Description de l’avers |
Black intaglio print on white paper, with the centre occupied by a large '200' within a circular guilloche medallion. To the right, two allegorical female figures in classical robes flank the medallion, one raising a torch; to the left, a steam locomotive vignette runs beneath the arched bank title. The upper legend reads 'REPUBLICA DOS ESTADOS UNIDOS DO BRAZIL – RIO DE JANEIRO', with the promise-to-pay text and decree reference below, series and stamp designations in the left margin, and a SPECIMEN overprint across the lower centre. |
| Légende de l’avers |
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| Description du revers |
Printed in red-orange on white paper, the reverse centres on an intaglio vignette of a large neoclassical building — likely a government palace or the Tesouro Nacional in Rio de Janeiro — set within an engraved landscape with figures in the foreground. To the left, a large circular guilloche rosette carries the denomination numeral '200' in dark intaglio at its centre, with corner numerals '200' repeated in all four quadrants within ornate lathe-work frames. The decree reference 'DECRETO Nº 1154 DE 7 DE DEZEMBRO DE 1890' arcs across the top, the denomination 'DUZENTOS MIL REIS' appears in bold at the bottom, and the printer's imprint 'AMERICAN BANK NOTE COMPANY NEW YORK' is present at the lower margin. |
| Légende du revers |
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| Signature(s) |
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| Type de protection |
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| Description de la protection |
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| Variantes |
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The Banco da República dos Estados Unidos do Brazil was itself a product of the Encilhamento — the speculative boom and monetary chaos that followed the 1889 proclamation of the Republic. The bank was established in 1890 with authorization to issue currency, part of a short-lived experiment in decentralized note-issuing that the government would soon deeply regret. Inflation ran hard through the early 1890s, and many notes from this period never meaningfully circulated before the issuing framework collapsed.
ABNC's involvement was typical for Brazilian state and federal paper of this period — the plates were engraved in New York regardless of where authority nominally resided.