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25 Centavos Real Flat Disc 2nd. Family

Issuer Banco Central do Brasil
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Composition Brass plated steel
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Reverse description Entirely plain and unadorned field, identical in appearance to the obverse, with no engraved devices, inscriptions, or decorative elements present. The raised rim encircles a smooth, untreated surface bearing only the natural texture of the brass-plated steel planchet. As a flat disc pattern, both faces are deliberately left unstruck to test planchet specifications.
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Edge Plain
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Additional information

Brazil's second family of the Real, introduced in 1998, replaced the initial coin set issued at the currency's 1994 launch — itself a hard monetary reset designed to break the back of chronic hyperinflation that had plagued the country through multiple failed stabilization plans, including the Cruzado, Bresser, and Collor packages. The flat disc format replaced the earlier wavy-edge design partly to reduce production costs and improve vending machine compatibility.

Brass-plated steel was chosen over the original brass composition as the Real stabilized and cost pressures on the mint eased into predictability — an irony given the currency's origins in fiscal emergency.