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200 Mil Réis Banco de Crédito Popular do Brazil

Uitgever Banco de Crédito Popular do Brazil
Jaar 1890
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Valuta Real (1799-1942)
Samenstelling Log in om details te zien
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Beschrijving voorzijde Black intaglio and lithographic print on yellow underprint. At left, an allegorical vignette of Freedom; at right, a rural landscape of southern Brazil with a train, carts, and horses. Print and series numbers appear in black, with the order number rendered in red; note is perforated.
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Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde BANCO DE CRÉDITO POPULAR DO BRAZIL 200 200 200 DECRETO Nº 1036-B DE 14 DE NOVEMBRO DE 1890. AMERICAN BANK NOTE COMPANY, NEW YORK
(Translation: Popular Credit Bank of Brazil Decree no. 1036-B of November 14, 1890. American Bank Note Company, New York)
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Opmerkingen

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.

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