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| Issuer | Thesouro Nacional (National Treasury of Brazil) |
|---|---|
| Year | 1901 |
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| Printer | Bradbury Wilkinson and Company, London |
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| Obverse description | Printed in violet on an ochre underprint, combining intaglio (chalcography) and lithographic techniques. At left, an allegorical vignette of Commerce; at centre, a facing bust of Marianne as the Allegory of the Republic, set within a guilloche frame. Denomination numerals appear at each corner. |
|---|---|
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| Reverse lettering | 200 200 DUZENTOS ESTADOS UNIDOS DO BRAZIL - 15 DE NOVEMBRO DE 1889 MIL RÉIS 200 200 BRADBURY, WILKINSON & CO., LONDRES (Translation: Two Hundred United States of Brazil - November 15, 1889 Thousand Reis Bradbury, Wilkinson & Co., London) |
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| Comments |
Brazil's federal treasury issued this note under the funding arrangement that followed the 1898 Rothschild loan — the so-called "funding loan" that obliged the government to withdraw paper currency from circulation in exchange for credit, a policy that created genuine scarcity of circulating notes in the early 1900s and paradoxically increased pressure on the denominations that remained in use. The 200 Mil Réis sat at a level meaningful enough for commerce but low enough to circulate hard.
Bradbury Wilkinson had been printing Brazilian government paper since the 1880s, and the 9th Print designation reflects the sequential numbering Brazil used to track successive contracts and plate revisions rather than any fundamental redesign. Wear patterns on surviving examples tend to concentrate along horizontal fold lines, consistent with wallet or pocket storage rather than till use.