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50 Cruzeiros Thesouro Nacional, 1st print, 'Valor Legal'
| Issuer | Tesouro Nacional (Brazil) |
|---|---|
| Year | 1961 |
| Type | Standard circulation banknote |
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| Obverse description | Blue intaglio on polychrome offset underprint. The central vignette presents a formal portrait of Princess Isabel (Isabel Cristina Leopoldina Augusta Micaela Gabriela Rafaela Gonzaga de Bourbon-Duas Sicílias e Bragança), set within an ornate engraved frame and flanked on either side by the denomination numeral 50. The guilloche underprint extends across the full face, with inscriptions identifying the issuing authority and value distributed along the upper and lower margins. |
|---|---|
| Obverse lettering | REPÚBLICA DOS ESTADOS UNIDOS DO BRASIL SE PAGARÁ AO PORTADOR DESTA A QUANTIA DE CINQÜENTA CRUZEIROS 50 TESOURO NACIONAL 50 PRINCESA ISABEL DIRETOR CAIXA DE AMORTIZAÇÃO MINISTRO DA FAZENDA VALOR LEGAL AMERICAN BANK NOTE COMPANY. (Translation: Republic of the United States of Brazil will pay to the bearer the sum of Fifty Cruzeiros National Treasury 50 Princess Isabel Director of the Amortization Fund Minister of Finance Legal Tender American Bank Note Company.) |
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| Comments |
Brazil's Tesouro Nacional notes of this period occupy an odd administrative position — technically Treasury obligations rather than Banco do Brasil or Banco Central instruments, issued at a time when Brazil's currency authority was still fragmented across multiple competing institutions. The "Valor Legal" overprint distinguishes this printing from earlier issues where the denomination carried different legal-tender status under Brazilian monetary law.
ABNC's New York plant handled much of Brazil's high-security printing through the mid-twentieth century, a relationship that stretched back decades and survived repeated political upheaval in Brasília.