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50 Mil Réis State Bonus, Series A
| Issuer | Thesouro do Estado do Rio Grande do Sul |
|---|---|
| Year | 1930 |
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| In circulation to | 1931 |
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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'. |
|---|---|
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| Reverse lettering | ESTADO do RIO GRANDE do SUL JUROS DE (BONUS) 71/2% AO ANNO LEI Nº 523 de 13 DE OUTUBRO e DEC. Nº4.603 de 18 de OUTUBRO de 1930 Lithographia da Livr. do Globo, Porto Alegre (Translation: State of Rio Grande do Sul Interest of 7,5% Annually Law Nº:523, of 13th of october and decree Nº:4603, of 18th of october of 1930.) |
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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.