5 Mil Réis Thesouro Nacional, 14th. Print

Brazil's National Treasury relied heavily on the American Bank Note Company throughout the early Republic period, and this 14th print of the 5 Mil Réis continues that arrangement. The "print" designation — used across this entire Treasury series — refers to successive contract runs rather than distinct design revisions, meaning the 14th differs from earlier prints primarily in serial ranges and sometimes minor security features rather than any wholesale redesign.

By 1912, Brazil's rubber boom was near its peak and federal finances were expanding rapidly, pushing demand for circulating paper beyond what earlier print runs had covered.