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| Issuer | Thesouro Nacional (Brazil) |
|---|---|
| Year | 1922 |
| Type | Standard circulation banknote |
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| Obverse description | Printed in burnt sienna on a greenish guilloche underprint on yellow paper, the obverse carries a central oval vignette with a portrait of Francisco de Paula Rodrigues Alves (1848–1919), the 5th President of Brazil, similar in design to P#26. The surrounding field is filled with fine lathe-work ornamental borders and typographic legends. Stamping, serial, and order numbers are applied in red. |
|---|---|
| Obverse lettering | 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) |
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| Comments |
By the 17th printing of this note, the Casa da Moeda do Brasil had been producing the same basic design for years — a fact that itself reflects the budgetary and institutional inertia of the First Republic's treasury management. Serial numbering and print-run tracking across the multiple impressions of P#27 are inconsistent in surviving documentation, making precise attribution of individual specimens to a specific printing genuinely difficult.
The 5 Mil Réis denomination sat at a functionally important level in everyday Brazilian commerce during the early 1920s, a period when inflationary pressure from wartime borrowing was already eroding purchasing power. Brazil's mil-réis system would eventually collapse under that pressure, replaced by the cruzeiro in 1942.