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| Issuer | Thesouro do Estado de S. Paulo |
|---|---|
| Year | 1932 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Reference(s) | P#861 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | THESOURO DO ESTADO DE S. PAULO, BRAZIL PRO-CONSTITUICAO DOMINGOS JORGE VEL... CINCO MIL REIS O portador deste receberá no Thesouro do Estado de S. Paulo a quantia de $5000 (cinco mil reis) de accordo com o Decreto N.° S585 de 14 de Julho de 1932. |
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| Reverse lettering | BONUS DO THESOURO DO ESTADO PRO CONSTITUICAO SÃO PAULO |
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| Comments |
The Thesouro do Estado de S. Paulo issued emergency paper money during the Constitutionalist Revolution of 1932, when São Paulo rose against Getúlio Vargas's provisional government following the coup of 1930. Federal financial controls left the state treasury with limited access to hard currency, and these notes were a direct response to that squeeze — locally issued obligations intended to keep the state's economy functioning during the three-month conflict.
The revolution collapsed in October 1932. Notes redeemed afterward were typically destroyed, and survivors in any grade are genuinely uncommon.