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50 Mil Réis State Bonus, Series F
| Issuer | Tesouro do Estado do Rio Grande do Sul |
|---|---|
| Year | 1934 |
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| Shape | Rectangular |
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| Obverse lettering | BÔNUS ESTADO DO RIO GRANDE DO SUL SÉRIE F O TESOURO PAGARÁ AO PORTADOR A DOZE MEZES DESTA DATA 50 PORTO ALEGRE, 1º DE MAIO DE 1934 Borges de Medeiros CINCOENTA MIL RÉIS E JUROS DE 1% AO ANO. LEI Nº 523 DE 13 DE OUTUBRO DE 1930. DECRETOS: Nº 4603, DE 18 DE OUTUBRO DE 1931, Nº 4738 DE 16 DE MARÇO DE 1931, Nº4817 DE 26 DE JUNHO DE 1931, Nº4937 DE 15 DE FEVEREIRO DE 1932. Nº5279 DE 24 DE FEVEREIRO DE 1933 E Nº 5546 DE 13 DE MARÇO DE 1934. BÔNUS Lit. Da Livraria do Globo. Porto Alegre (Translation: Bonus State of Rio Grande do Sul Series F The Treasury will pay the bearer, twelve months from this date, Fifty Thousand Reis and interest of 1% per annum. Law No. 523 of October 13, 1930. Decrees: No. 4603 of October 18, 1931, No. 4738 of March 16, 1931, No. 4817 of June 26, 1931, No. 4937 of February 15, 1932, No. 5279 of February 24, 1933 and No. 5546 of March 13, 1934. Porto Alegre, May 1st, 1934) |
| Reverse description | Printed in brown on plain paper, the reverse carries a central architectural vignette of the Rio Grande do Sul State Treasury building, rendered in fine lithographic detail with its colonnaded neoclassical façade. Denomination numerals '50' appear within ornate guilloche rosettes at left and right, flanking the central vignette. The state name is inscribed in a bold serif banner along the lower border, with the printer's imprint in small text at the bottom margin. |
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Rio Grande do Sul's state treasury issued its own paper currency well into the republican period, a practice that reflected the unusual degree of fiscal autonomy Getúlio Vargas's home state had carved out before his 1930 rise to power. By 1934, that autonomy was already being wound down under the centralizing pressure of the Estado Novo's precursor policies — making the Series F emissions among the last of their kind from any Brazilian state treasury.
Lithografia da Livraria do Globo was a Porto Alegre commercial printer, not a security printing specialist. The watermark is the only real concession to anti-counterfeiting, which says something about the note's intended circulation environment.