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50 Mil Réis Thesouro Nacional, 3rd print
| Issuer | Thesouro Nacional |
|---|---|
| Year | 1848 |
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| Composition | Log in to see details |
| Size | 195 × 115 mm |
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| Obverse description | Intaglio-printed note on sepia tinted laid paper. The upper centre carries a bust portrait of Emperor Dom Pedro II, with the Arms of the Empire positioned to the right and a reference to the decree of June 1, 1833 to the left. Denomination and series number are typographically printed, while the order number is applied by handstamp. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Reverse is unprinted and blank. |
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| Comments |
Brazil's Thesouro Nacional turned to Perkins, Bacon & Petch at a moment when the firm's steel-engraved intaglio work was considered among the most counterfeit-resistant printing available — the same London house was producing postage stamps for the British Crown and banknotes for colonies across four continents. The "3rd print" designation reflects successive contract authorizations rather than design changes; the underlying plate remained largely consistent across prints, making date-of-issue attribution the primary means of distinguishing them.
Mid-century Brazil was managing chronic liquidity pressure tied to coffee export cycles and a fragmented regional banking structure, which repeatedly forced the Thesouro to authorize additional print runs against existing engraved plates rather than commission entirely new notes.