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50 Mil Réis 3rd.Banco do Brazil, 2nd. Series
| Issuer | Banco do Brazil |
|---|---|
| Year | 1857 |
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| Currency | Real (1799-1942) |
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|---|---|
| Obverse lettering | CINCOENTA 50$000 2a. Série BANCO DO BRAZIL Rs.50$000 NO BANCO DO BRAZIL SE PAGARÁ ao portador desta a quantia de CINCOENTA MIL RÉIS valor recebido. CINCOENTA 50$000 (Translation: Fifty 2nd. Series Bank of Brazil Payment will be paid at the Bank of Brazil to the bearer of this the amount of Fifty Thousand Reis value received. Fifty) |
| Reverse description | Reverse is unprinted, presenting plain paper with no typographic or decorative elements, consistent with Brazilian private bank note issues of the mid-Imperial period. |
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| Comments |
The Banco do Brazil referenced here is not the modern institution of that name — it is the second bank to carry the title, chartered in 1851 after the first had collapsed in 1829 under the weight of over-issuance and public distrust. This 1857 emission belongs to its second note series, issued during a period of relative monetary stability under the Empire, when Brazilian coffee revenues were expanding and the bank held quasi-monopoly status on note issue in Rio de Janeiro.
The "3rd. Banco do Brazil" designation in some catalog references reflects an ongoing scholarly dispute about how to count the institutional succession. Pick's numbering cuts through the argument without resolving it.