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2000 Réis

Issuer Brazil
Year 1891-1897
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Value 2000 Réis
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Obverse description Left-facing laureate effigy of Liberty, her hair dressed in curls and gathered in a bun at the nape, adorned with an olive branch wreath. The circular legend REPUBLICA DOS ESTADOS UNIDOS DO BRAZIL runs along the periphery, with the date flanked by two small stars positioned in the lower exergue. A fine toothed border frames the entire design.
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Reverse script Latin
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Additional information

The 1891 date on this series marks the first year of Brazilian republican coinage following the November 1889 coup that ended the Empire. The new provisional government moved quickly to overhaul the monetary system, and these heavy silver pieces — struck at the Casa da Moeda do Rio de Janeiro — carried the republic's imagery before the design vocabulary of the new regime had fully settled into convention.

Mintage dropped sharply after 1893 as Brazil's early republican finances deteriorated under the Encilhamento, a speculative bubble and monetary crisis that destabilized the milréis and reduced demand for large silver denominations.

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