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50 Mil Réis Banco dos Estados Unidos do Brazil, 1st. Print
| Issuer | Banco dos Estados Unidos do Brazil |
|---|---|
| Year | 1890 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | BANCO DOS ESTADOS UNIDOS DO BRAZIL 50 RIO DE JANEIRO. NA THESOURARIA DO BANCO SE PAGARÁ AO PORTADOR EM MOEDA DE OURO E A VISTA, A QUANTIA DE CINCOENTA MIL REIS NOS TERMOS DO DECRETO NUMERO 253 DE 8 DE MARÇO DE 1890. CINCOENTA MIL REIS 50 American Bank Note Co., New York (Translation: Bank of the United States of Brazil in Rio de Janeiro In The Bank`s Treasury will be paid to the carrier in gold coin and sight, the amount of Fifty Thousand Reis Under the terms of Decree Number 253 of March 8, 1890. Fifty Thousand Reis American Bank Note Co., New York) |
| Reverse description | Printed entirely in green lithography, the reverse is dominated by an intricate Marajoara-inspired guilloche background of interlocking geometric and foliate motifs. To the left, a large ornate medallion carries the decree inscription within a multi-layered rosette border, flanked by panels of fine engine-turned latticework. To the right, the denomination numeral "50" is set in bold open letters within a circular guilloche vignette, with the printer's imprint running along the lower margin. |
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| Comments |
The Banco dos Estados Unidos do Brazil was one of several private banks granted sweeping note-issuing privileges under the Encilhamento — the speculative financial boom that followed Brazil's transition to a republic in 1889. The policy, pushed by Finance Minister Rui Barbosa, flooded the economy with paper credit and ultimately contributed to severe inflation and a cascade of institutional failures through the early 1890s. This bank did not survive the decade.
The American Bank Note Company's New York plant handled the printing, as it did for a substantial portion of Brazilian private bank paper from this period. The "1st. Print" designation distinguishes this issue from subsequent printings with altered serial or color specifications.