Catalog
5 Mil Réis State Bonus, Series A
| Issuer | Tesouro do Estado do Rio Grande do Sul |
|---|---|
| Year | 1930 |
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| Value | 5000 Réis |
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|---|---|
| Obverse lettering | 5 ESTADO do RIO GRANDE do SUL 5 O THESOURO do ESTADO do RIO GRANDE do SUL pagará ao portador, seis mezes desta data 5$000 accrescidos dos juros de 71/2% ao ANNO, de accôrdo com a lei n.523, de 13 de outubro e dec. n. 4603, de 18 de outubro de 1930 BONUS 5 Lithographia da Livr. do Globo, Porto Alegre PORTO ALEGRE, 31 de OUTUBRO de 1930 CINCO MIL RÉIS 5 5 (Translation: State of Rio Grande do Sul The Treasury of the State of Rio Grande do Sul will pay the bearer, six months from this date, 5000 (reis) with annual accrued interest of 7,5% , in accordance with law Nº:523, of October 13th, and decree Nº:4603, of October 18th, 1930. Bonus Five Thousand Reis Lithography by Livraria do Globo, Porto Alegre) |
| Reverse description | Printed in a single tone of light red throughout. The central text panel announces the bonus interest rate of 7.5% per annum, flanked by the relevant legislative references, with the printer's imprint at the lower margin. |
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| Comments |
The Tesouro do Estado do Rio Grande do Sul issued these state bonus notes in 1930 — the same year Getúlio Vargas, a gaúcho political figure who had just been denied the federal presidency through fraud, led the Revolution of 1930 that dismantled the Old Republic entirely. Whether that timing is coincidence or reflects the state's fiscal maneuvering ahead of open political conflict is a fair question.
Printed locally by the Livraria do Globo press in Porto Alegre, this was a regional house more associated with publishing than currency production — an unusual choice that makes the Series A notes identifiably provincial in their execution.