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30 Mil Réis Banco dos Estados Unidos do Brazil, 1st. Print

Issuer Banco dos Estados Unidos do Brazil
Year 1890
Type Standard circulation banknote
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Obverse lettering BANCO DOS ESTADOS UNIDOS DO BRAZIL 30 RIO DE JANEIRO. NA THESOURARIA DO BANCO SE PAGARÁ AO PORTADOR EM MOEDA DE OURO E A VISTA, A QUANTIA DE TRINTA MIL REIS NOS TERMOS DO DECRETO NUMERO 253 DE 8 DE MARÇO DE 1890. TRINTA MIL REIS 30 American Bank Note Co., New York
(Translation: Bank of the United States of Brazil in Rio de Janeiro In The Bank`s Treasury will be paid to the carrier in gold coin and sight, the amount of Thirty Thousand Reis Under the terms of Decree Number 253 of March 8, 1890. Thirty Thousand Reis American Bank Note Co., New York)
Reverse description Printed in brown monochrome lithography on a Marajoara-inspired geometric underprint. The central panel is dominated by a large ornate numeral "30" rendered in three-dimensional relief, flanked at right by an elaborate guilloche rosette bearing the numeral "30" and at left by a circular medallion enclosing the decree text. Intricate lathe-work borders frame the composition, with repeating "TRINTA" lettering in the corner panels and the printer's imprint at the lower margin.
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Comments

The Banco dos Estados Unidos do Brazil was one of several private banks granted sweeping note-issuing privileges under the Encilhamento — the speculative monetary boom that followed Brazil's transition from Empire to Republic in 1889. The policy, championed by Finance Minister Rui Barbosa, flooded the economy with paper currency and helped fuel one of Latin America's earliest stock market crashes. This bank, despite its grandiose name suggesting a federal institution, was a private commercial venture.

The American Bank Note Company handled a substantial portion of Brazil's private bank printing during this period. P#S607 belongs to the first print run, distinguished in the catalog from later impressions by subtle typographic differences in the charter text.

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