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200 Mil Réis Thesouro Nacional, 14th. Print

Issuer Thesouro Nacional (National Treasury of Brazil)
Year 1919
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Value 200 000 Réis (200 000)
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Obverse description Blue intaglio print on polychrome lithographic underprint. The central vignette presents a portrait of Prudente José de Morais Barros, 3rd President of the Republic (1894–1898), flanked on both sides by large denomination numerals '200'. A diagonal handwritten conference signature crosses the body of the note.
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Reverse description Printed entirely in orange by intaglio, the reverse is dominated by a central architectural vignette of the Monroe Palace in Rio de Janeiro, surrounded by elaborate guilloche scrollwork. Large bold denomination numerals '200' are positioned symmetrically to the left and right of the central vignette, with smaller '200' numerals repeated above and below, set within ornate cartouches. A horizontal banner below the central vignette carries the country inscription.
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Comments

Brazil's Thesouro Nacional relied heavily on the American Bank Note Company throughout the early republic period, and this 14th print of the 200 Mil Réis belongs to a long-running series issued against treasury authority rather than through the Banco do Brasil — a distinction that mattered enormously in the fractured monetary politics of the era. The Mil Réis was already under pressure by 1919; Brazil had suspended gold convertibility during the First World War and was managing a badly depreciated currency through a succession of printed emissions exactly like this one.

The "14th print" designation reflects Brazil's practice of tracking successive authorized press runs rather than redesigning notes between issues, which means paper quality and ink consistency can vary noticeably across prints within the same Pick number.

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