200 Mil Réis Thesouro Nacional, 3rd print

Brazil's 19th-century treasury notes were printed in London out of practical necessity — domestic printing infrastructure capable of producing secure fiduciary paper simply didn't exist yet. Perkins, Bacon & Petch brought the same intaglio security engraving expertise to Brazilian currency that they applied to British colonial postage stamps, including the Penny Black.

The "3rd print" designation distinguishes this from earlier plate runs of the same type, a meaningful distinction for collectors since the three printings differ in subtle but documentable ways. P#A226 notes from any print run are scarce; surviving examples from 1859 in collectible condition are rarer still, as the mil réis denominations circulated hard in a period of significant monetary pressure tied to Brazil's coffee-export credit cycles.