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200 Mil Réis Thesouro Nacional, 8th. Print
| Issuer | Thesouro Nacional (National Treasury of Brazil) |
|---|---|
| Year | 1897 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 200 200 REPÚBLICA 200 200 DOS ESTADOS UNIDOS DO BRAZIL NO THESOURO NACIONAL SE PAGARÁ AO PORTADOR DESTA A QUANTIA DE DUZENTOS MIL RÉIS VALOR RECEBIDO 200 200 AMERICAN BANK NOTE CO., NEW YORK (Translation: Republic of the United States of Brazil At the National Treasury the holder will be paid the amount of Two Hundred Thousand Reis Amount received American Bank Note Co., New York) |
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| Reverse lettering | REPÚBLICA 200 MIL RÉIS 200 MIL RÉIS DOS ESTADOS UNIDOS DO BRAZIL AMERICAN BANK NOTE COMPANY, NEW YORK (Translation: Republic of the United States of Brazil Two Hundred Thousand Reis American Bank Note Company, New York) |
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| Comments |
Brazil's National Treasury turned to the American Bank Note Company repeatedly through the late nineteenth century, and this 1897 200 Mil Réis is one of the later products of that relationship — the "8th Print" designation reflecting successive contract printings of what was essentially the same plate design reissued across years of fiscal turbulence. The 1890s were not kind to Brazilian public finance: the Encilhamento speculation bubble had already burst, inflation had gutted confidence in paper currency, and the treasury was running successive deficits under the early República.
The ABNC's New York engraving quality stands well above what domestic presses could produce at the time, which is partly why the government kept returning to them despite the cost and the optics of printing national currency abroad.