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200 Mil Réis Banco de Crédito Popular do Brazil
| Issuer | Banco de Crédito Popular do Brazil |
|---|---|
| Year | 1890 |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | 200 BANCO DE CRÉDITO POPULAR DO BRAZIL RIO DE JANEIRO NA THESOURARIA DO BANCO SE PAGARÁ AO PORTADOR A QUANTIA DE DUZENTOS MIL REIS EM OURO E À VISTA NOS TERMOS DO DECRETO NÚMERO 253 DE 8 DE MARÇO DE 1890, ART 1º & 2º 200 200 AMERICAN BANK NOTE CO., NEW YORK (Translation: Popular Credit Bank of Brazil Rio de Janeiro In the bank`s treasury the amount will be paid Two Hundred Thousand Reis in gold and in sight in accordance with the Decree number 253 of March 8, 1890, Art 1 and 2 American Bank Note Co., New York) |
| Reverse description | Printed in orange intaglio, the reverse is centered on a panel vignette of miners at work. The composition is framed by the bank's title and relevant decree inscriptions. |
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| Comments |
The Banco de Crédito Popular do Brazil was one of dozens of private banks that briefly held note-issuing authority during the Encilhamento — the speculative boom that followed Brazil's transition to a republic in 1889. The provisional government's liberalization of banking laws in 1890 allowed a surge of new institutions to issue currency, flooding the market with paper backed by questionable reserves. Many of these banks collapsed within two or three years.
The American Bank Note Company's involvement reflects the period's appetite for prestige printing — Brazilian private banks frequently turned to New York engravers specifically to project an appearance of solidity that their balance sheets did not always support.