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500 Mil Reis

Issuer Thesouro do Estado do Rio Grande do Sul
Year 1932
Type Standard circulation banknote
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Obverse description The obverse is printed in dark blue-grey tones on white paper. At left, an oval vignette contains a portrait of Pinheiro Machado, identified by a caption below. The central field carries the large denomination numeral '500' within an ornate guilloche underprint, flanked by the text 'QUINHENTOS MIL REIS' in bold letterpress. The heading 'O THESOURO DO ESTADO DO RIO GRANDE DO SUL' runs across the top, with the place and date 'Porto Alegre, 1º de Maio de 1932' and a manuscript signature appearing in the lower right area.
Obverse lettering O THESOURO DO ESTADO DO RIO GRANDE DO SUL
PAGARÁ AO PORTADOR DOZE MEZES DESTA DATA
QUINHENTOS MIL REIS
PINHEIRO MACHADO
SÉRIE D
Porto Alegre, 1º de Maio de 1932
THESOURO DO ESTADO DO RIO GRANDE DO SUL
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Comments

Rio Grande do Sul's Thesouro do Estado issued this note in 1932 — the same year the state's political establishment backed the Constitutionalist Revolution against Vargas from the opposite flank of the national debate. State treasury notes of this period were an assertion of fiscal independence as much as a practical instrument, issued when federal monetary authority was openly contested in the south.

Litografia do Globo, based in Porto Alegre, was a commercial press rather than a specialist security printer. That matters: the intaglio work and security features expected of notes from Bradbury Wilkinson or the American Bank Note Company are simply absent here.

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