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200 Mil Reis
| Issuer | Banco da República dos Estados Unidos do Brazil |
|---|---|
| Year | 1890 |
| Type | Log in to see details |
| Value | 200 Mil Reis |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO DA REPÚBLICA DOS ESTADOS UNIDOS DO BRAZIL DUZENTOS MIL REIS RIO DE JANEIRO ESTAMPA 1A SERIE 1A 200 valor garantido por depósito em apólices no Thesouro Nacional, conforme o Decreto Nº 165 de 17 de Janeiro de 1890 DIRECTOR |
| Reverse description | The reverse is printed entirely in green. At left, a finely engraved oval vignette contains a portrait of a young child looking upward, set within an elaborate guilloche border of radiating fan patterns that fills the entire field. To the right, an ornate decorative urn with caryatid figures serves as a side vignette, and the denomination '200' appears in the upper right and lower left corners against the intricate geometric underprint. |
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| Comments |
The Banco da República dos Estados Unidos do Brazil was itself a creature of crisis — established in 1890 under Finance Minister Rui Barbosa's ill-fated "Encilhamento" reforms, a speculative credit expansion that flooded Brazil with paper money and ultimately collapsed in a severe financial panic by 1891. This note belongs to that initial emission, ordered from the American Bank Note Company as the newly proclaimed republic scrambled to build financial infrastructure from scratch within months of the November 1889 coup.
ABNC's Brazilian work of this period is generally well-executed, but the Encilhamento-era notes were issued so aggressively and in such volume that circulated survivors tend to show heavy wear.