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5 Centavos overprinted on P# 179

Uitgever Banco Central do Brasil
Jaar 1966-1967
Type Log in om details te zien
Waarde 5 Centavos (0.05 BRB)
Valuta Log in om details te zien
Samenstelling Log in om details te zien
Afmetingen Log in om details te zien
Vorm Log in om details te zien
Drukker Log in om details te zien
Ontwerper(s) Log in om details te zien
Graveur(s) Log in om details te zien
In omloop tot Log in om details te zien
Referentie(s) Log in om details te zien
Beschrijving voorzijde Log in om details te zien
Opschrift voorzijde 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.)
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde 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.)
Handtekening(en) Log in om details te zien
Beveiligingstype Log in om details te zien
Beschrijving beveiliging Log in om details te zien
Varianten Log in om details te zien
Opmerkingen

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.

MISSCHIEN OOK INTERESSANT