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| 正面描述 | Printed in sepia on a greenish-yellow underprint by woodcut technique, the obverse is centred on an oval portrait vignette of Francisco de Paula Rodrigues Alves (1848–1919), 5th President of Brazil, flanked by the denomination expressed in Roman numerals. The arched inscription of the issuing authority runs above the central medallion, while stamping, serial, and order numbers are overprinted in red. |
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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 V V CINCO MIL RÉIS VALOR RECEBIDO 5 5 CASA DA MOEDA - RIO (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) |
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By the 18th print run of this series, the Casa da Moeda do Brasil had been producing this note through years of sustained inflationary pressure — the early 1920s saw Brazil's federal finances chronically strained by coffee price volatility and post-WWI debt servicing. Multiple successive print runs of the same denomination were a direct symptom of that pressure, not routine replenishment.
The print number is the critical variable for collectors here. Earlier impressions and later ones within the P#28 series show measurable differences in ink depth and registration quality, a known inconsistency tied to plate wear at the Casa da Moeda's Rio facilities.