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| Issuer | Banco da República dos Estados Unidos do Brazil |
|---|---|
| Year | 1891-1893 |
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| Composition | Log in to see details |
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| Reference(s) | P#S646 |
| Obverse description | Black on polychrome underprint, executed in lithography. The central vignette presents allegorical figures representing Industry and Agriculture, framed by ornate guilloche borders. Print and series numbers appear in black, with the order number in red; specimen notes are overprinted AMOSTRA. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Polychrome lithograph in brown and salmon tones. The central vignette presents the Arms of the Republic of Brazil — a large five-pointed star with a smaller starfield disc at its centre, encircled by a wreath of coffee and tobacco branches — set within concentric guilloche frames. Large denomination numerals '30' occupy the left and right panels, with the legends TRINTA MIL REIS repeated at top and bottom. |
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| Comments |
The Banco da República dos Estados Unidos do Brazil was itself a product of the Encilhamento — the speculative frenzy that followed the 1889 proclamation of the Republic, when the new government's easy-money policy flooded Brazil with credit and paper. This bank was formed in 1890 through the merger of the Banco do Brasil and the Banco Nacional, giving it a near-monopoly on note emission at precisely the moment that monetary chaos was accelerating.
Giesecke & Devrient in Leipzig handled production of this series, a common arrangement for Latin American issuers who lacked domestic security printing capacity. The institution itself collapsed under the weight of the Encilhamento's aftermath, with its note-issuing privileges eventually absorbed into the reorganized Banco da República do Brasil in 1893.