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5 Mil Reis

Issuer Thesouro do Estado do Rio Grande do Sul
Year 1931
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Value 5 Mil Reis
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Obverse description The obverse presents a portrait vignette of Oswaldo Aranha at left centre, set within an ornate engraved frame with guilloche border work. The heading inscription reads 'O THESOURO DO ESTADO DO RIO GRANDE DO SUL' across the top, with the denomination 'CINCO MIL REIS' in bold letterpress below. The large numeral '5' appears at right, the serial number at lower left, and the issue date of 1 May 1931 is stated within the body text referencing Porto Alegre.
Obverse lettering O THESOURO DO ESTADO DO RIO GRANDE DO SUL
PAGARÁ AO PORTADOR A DOZE MEZES DESTA DATA
CINCO MIL REIS
OSWALDO ARANHA
SÉRIE B
THESOURO DO ESTADO DO RIO GRANDE DO SUL
Porto Alegre, 1º de Maio de 1931
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Comments

The Tesouro do Estado do Rio Grande do Sul issued its own paper currency under provisions that allowed Brazilian state treasuries to circulate notes regionally — an arrangement tolerated by the federal government but which created chronic friction over redemption obligations. By 1931, that tolerance was wearing thin. Getúlio Vargas had just seized power in October 1930, and his provisional government was moving steadily toward centralizing fiscal authority, which would eventually kill off state treasury emissions entirely.

Printed by the Livraria do Globo's lithographic shop in Porto Alegre — a commercial and publishing house pressed into note production — the quality of these issues reflects a regional printer working outside its specialty.

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