5 Mil Réis Thesouro Nacional, 11th. Print

By 1907, Brazil's National Treasury had been issuing Mil Réis notes under successive numbered prints for over a decade, each print distinguishable primarily by serial numbering conventions and minor typographic adjustments rather than wholesale redesign. The 11th Print designation reflects this administrative continuity — the Casa da Moeda do Brasil had by this point absorbed domestic production entirely, having progressively displaced the European contract printers used in earlier decades.

Georges Duval's involvement as designer is a detail worth flagging: his name appears in the plate work of multiple Brazilian issues of this period, likely through earlier contract arrangements whose engraved elements were simply carried forward into domestically printed runs.