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50 Mil Réis Caixa de Estabilização, 1st. Print

Issuer Caixa de Estabilização do Brasil
Year 1927
Type Standard circulation banknote
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Obverse description Printed in black over a polychrome underprint using intaglio and lithographic techniques, the obverse is centred on a vignette of a female bust personifying the Republic and Liberty — an allegorical figure in the manner of Marianne — flanked on either side by the denomination numeral 50. Ornamental guilloche work frames the central vignette, while the full text of the note's legal obligation, citing Law No. 5108 of 18 December 1926, runs across the face in formal letterpress. The printer's imprint of the American Bank Note Company appears at the lower margin.
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Reverse description Printed in orange using intaglio, the reverse is dominated by a central vignette reproducing the celebrated historical painting Independência ou Morte by Pedro Américo de Figueiredo e Melo (1843–1905), rendered in the 1888 version. The denomination numerals 50 appear at left and right flanking the central scene, with the issuer's title inscription distributed across the upper register.
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Variants P#105a(1) - Getúlio Vargas and Irineu Machado
P#105a(2) - Getúlio Vargas and Afrânio de Melo Franco
P#105a(3) - José Maria Whitaker and Afrânio de Melo Franco
P#105a(4) - José Maria Whitaker and Otávio Mangabeira
P#105a(5) - Oswaldo Aranha and Otávio Mangabeira
P#105a(6) - José Maria Whitaker and Oswaldo Aranha
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