Catalog
200 Mil Reis
| Issuer | Banco Credito Popular do Brazil, Rio de Janeiro |
|---|---|
| Year | 1890 |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | BANCO DE CREDITO POPULAR DO BRAZIL RIO DE JANEIRO DUZENTOS MIL REIS DUZENTOS MIL REIS NA THESOURARIA DO BANCO SE PAGARÁ AO PORTADOR A QUANTIA DE A VISTA NOS TERMOS DO DECRETO NUMERO 253 DE 8 DE MARÇO DE 1890 ESTAMPA 1A SERIE 1A 200 |
| Reverse description | Printed entirely in orange-red, the reverse carries the bank name 'BANCO DE CREDITO POPULAR DO BRAZIL' in two lines across the top within ornate guilloche frames. A central intaglio vignette depicts two miners working underground by torchlight. Large circular lathe-work rosettes dominate the left field, flanked by foliate corner ornaments and the numeral '200' repeated at lower left and right. A vertical inscription runs along the left border, and the American Bank Note Company imprint appears at the bottom centre. |
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| Comments |
Banco Credito Popular do Brazil was one of dozens of private banks granted note-issuing authority during the Encilhamento — the speculative boom that followed Brazil's sudden shift to republican government in 1889 and the loosening of banking restrictions under Finance Minister Ruy Barbosa. The resulting flood of paper money from competing private issuers fueled rampant inflation and a wave of fraudulent incorporations, with many banks existing primarily to print and circulate notes rather than conduct any meaningful lending.
The American Bank Note Company printed for numerous Brazilian private issuers during this period, often working from shared or adapted plate elements. Whether this particular institution survived long enough to redeem its obligations is doubtful — most Encilhamento-era private banks had collapsed or been wound up by 1892.