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| 正面铭文 | 5 5 REPÚBLICA DOS ESTADOS UNIDOS DO BRASIL NO THESOURO NACIONAL SE PAGARÁ AO PORTADOR DESTA A QUANTIA DE 5 5 CINCO MIL RÉIS VALOR RECEBIDO 5 5 CASA DA MOEDA - RIO DE JANEIRO (Translation: Republic of the United States of Brazil In the National Treasure will be paid to the carrier of this amount of Five Thousand Réis Amount Received Casa da Moeda - Rio de Janeiro) |
| 背面描述 | Printed in blue on yellow paper in woodcut style, the reverse is dominated by a large central guilloche medallion bearing the country name in multiple horizontal bands, flanked on each side by ornate cartouches enclosing the numeral 5. A denomination legend appears along the lower edge of the medallion, with the printer's imprint in small lettering beneath. |
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Brazil's Thesouro Nacional issued multiple consecutive "prints" of its early twentieth-century Mil Réis series without redesigning the plates, meaning the 16th print designation tracks production runs at the Casa da Moeda rather than any meaningful change in the note itself. By 1920 the Casa da Moeda had been printing this denomination domestically for years, a point worth noting given how much Brazilian paper of the preceding decades had depended on European contractors.
The Mil Réis was already under inflationary pressure by this date — Brazil's external debt and coffee-price volatility had been straining the currency since the Encilhamento speculation crisis of the early 1890s, and the unit would eventually be replaced by the Cruzeiro in 1942.