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| Issuer | Thesouro Nacional (National Treasury of Brazil) |
|---|---|
| Year | 1916 |
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| Composition | Log in to see details |
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| Printer | American Bank Note Company, New York, United States |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Printed in green intaglio, the reverse is centred on the arms of the Republic of the United States of Brazil within a circular badge, flanked on either side by the numeral '50'. |
| Reverse lettering | 50 50 50 50 50 50 50 REPUBLICA DOS ESTADOS UNIDOS DO BRAZIL 50 50 AMERICAN BANK NOTE COMPANY. (Translation: Republic of the United States of Brazil American Bank Note Company.) |
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| Comments |
Brazil's 14th print designation refers to successive authorizations under the same fundamental treasury note framework — the government repeatedly returned to the ABNCo plates rather than commissioning new designs, which is why this 1916 note is visually indistinguishable from issues printed years earlier. The practice kept procurement costs down during a period when Brazil was managing significant foreign debt obligations and the milréis was under persistent exchange pressure.
ABNCo's contract with the Brazilian treasury was one of their longest-running South American relationships, spanning decades of politically unstable finance.