Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
5 Centavos overprinted on P# 179
| Issuer | Banco Central do Brasil |
|---|---|
| Year | 1966-1967 |
| Type | Log in to see details |
| Value | 5 Centavos (0.05 BRB) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | REPÚBLICA DOS ESTADOS UNIDOS DO BRASIL CINQÜENTA CRUZEIROS 50 TESOURO NACIONAL 50 BANCO CENTRAL 5 CENTAVOS PRINCESA ISABEL DIRETOR CAIXA DE AMORTIZAÇÃO MINISTRO DA FAZENDA VALOR LEGAL THOMAS DE LA RUE & COMPANY, LIMITED, LONDON. (Translation: Republic of the United States of Brazil Fifty Cruzeiros National Treasury Central Bank 5 Centavos Princess Isabel Director of Amortization Fund Finance Minister Legal Tender Thomas De La Rue & Company, Limited, London.) |
| Reverse description | Log in to see details |
| Reverse lettering | 50 REPÚBLICA DOS 50 LEI ÁUREA 50 ESTADOS UNIDOS DO BRASIL 50 THOMAS DE LA RUE & COMPANY, LIMITED, LONDON. (Translation: Republic of the United States of Brazil Golden Law Thomas De La Rue & Company, Limited, London.) |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
This note was not printed fresh — it is a provisional overprint applied to existing 50 Centavos stock (Pick 179) after Brazil's 1966 monetary reform slashed the cruzeiro by a factor of ten, making each old 50 Centavos note equivalent to the new 5 Centavos value. Overprinting existing reserves was cheaper and faster than commissioning an entirely new printing run, and De La Rue handled both the original notes and the overprint work.
The reform that created this note — the cruzeiro novo — was introduced under the military government's stabilization program, PAEG, designed to bring Brazil's chronic inflation under control. The overprint series was always a stopgap; within a few years the denomination had become essentially worthless in daily transactions.