200 Mil Réis Thesouro Nacional, 16th. Print

The 200 Mil Réis was among the higher-denomination notes in Brazil's Thesouro Nacional series printed by the American Bank Note Company, which held a near-monopoly on Brazilian government printing through much of the early twentieth century. The "16th Print" designation reflects Brazil's practice of issuing successive numbered printings rather than entirely new series — bureaucratic continuity over redesign. This particular printing spans an unusually long window, from 1924 well into the Estado Novo period under Vargas, meaning notes of identical design circulated across radically different political regimes without alteration.

The mil réis itself would be abolished in 1942, replaced by the cruzeiro at a 1:1000 ratio — making the tail end of this printing's circulation the currency's final years.