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200 Mil Réis State Bonus, Series F

Issuer Tesouro do Estado do Rio Grande do Sul
Year 1934
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Value 200 000 Réis (200 000)
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Obverse description Blue lithograph on multicolor underprint of orange and light-blue floral guilloche rosettes. An oval portrait vignette of Júlio de Castilhos occupies the center, flanked by two denomination numerals '200' set within scalloped cartouches. The title 'ESTADO DO RIO GRANDE DO SUL' arcs across the upper portion in bold lettering, with 'BÔNUS' repeated in the lateral margins and 'DUZENTOS MIL RÉIS' in a prominent banner at the foot of the note. Series designation 'SÉRIE F' appears at upper left, with the date 'PORTO ALEGRE, 1º DE MAIO DE 1934' at lower right and red serial numbers printed twice across the lower portion.
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Reverse lettering ESTADO DO 200 RIO GRANDE DO SUL Lit. da Livr. do Globo. Porto Alegre
(Translation: State of Rio Grande do Sul Lithography of Globo Bookshop. Porto Alegre)
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Comments

Rio Grande do Sul's state treasury issued these "bônus" during the 1930s as a regional fiscal instrument — not banknotes in the strict sense, but obligations backed by state revenue, circulating locally as a practical substitute for scarce federal currency during a period when Getúlio Vargas's centralizing government was steadily dismantling the financial autonomy that southern states had exercised under the Old Republic.

Lithografia da Livraria do Globo was Porto Alegre's most capable commercial printer, but it was not a security printing house. The absence of intaglio work made these notes relatively easy to counterfeit, a known vulnerability of the entire series.

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