Catalog
50 Mil Réis State Bonus, Series A
| Issuer | Thesouro do Estado do Rio Grande do Sul |
|---|---|
| Year | 1930 |
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| Shape | Rectangular |
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| Obverse description | Lithographed in dark green with light green panels at the left and right extremities, the obverse bears the arms and banner of the State of Rio Grande do Sul in a vignette to the right. A bright red oval underprint frames the large numeral '50' at centre. Two manuscript signatures appear at the bottom over a pale brown repeating letterpress underprint reading 'THESOURO DO ESTADO DO RIO GRANDE DO SUL'. |
|---|---|
| Obverse lettering | 50 ESTADO do RIO GRANDE do SUL 50 O THESOURO do ESTADO do RIO GRANDE do SUL pagará ao portador, seis mezes desta data 10$000 accrescidos dos juros de 71/2% ao ANNO, de accôrdo com a lei n.523, de 13 de outubro e dec. n. 4603, de 18 de outubro de 1930 BONUS 50 Lithographia da Livr. do Globo, Porto Alegre PORTO ALEGRE, 31 de OUTUBRO de 1930 DEZ MIL RÉIS 50 50 (Translation: State of Rio Grande do Sul The Treasury of the State of Rio Grande do Sul will pay the bearer, six months from this date, 50,000 (reis) with annual accrued interest of 7,5% , in accordance with law Nº:523, of 13th of october and decree Nº:4603, of 18th of october of 1930. BONUS Fifty Thousand Réis Lithography by `Livraria O Globo`, Porto Alegre) |
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| Comments |
The Thesouro do Estado do Rio Grande do Sul issued these state bonus notes as a fiscal instrument tied to Rio Grande do Sul's considerable political autonomy under the Old Republic's decentralized structure. 1930 is a charged date for this issuer — Getúlio Vargas, then governor of Rio Grande do Sul, launched his successful revolution in October of that year, toppling the federal government within weeks of these notes circulating.
Lithografia da Livraria do Globo was a Porto Alegre commercial printer, not a security printing house, and the production quality reflects that. The series saw no continuation after the political upheaval of late 1930.