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500 Mil Réis 3rd.Banco do Brazil, Series A,B,C
| Issuer | Banco do Brazil |
|---|---|
| Year | 1868 |
| Type | Log in to see details |
| Value | 500 000 Réis (500 000) |
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| Obverse description | Printed in black and orange using a combination of lithography and intaglio (chalcography). At left, a standing female allegory of Justice; at right, an oval vignette with a seated female allegory of Abundance; in the upper centre, a vignette illustrating the martyrdom of Saint Sebastian. |
|---|---|
| Obverse lettering | IMPÉRIO DO BRAZIL 500 NO BANCO DO BRAZIL se pagará ao portador QUINHENTOS MIL RÉIS valor recebido. (Translation: Empire of Brazil In Bank of Brazil will be paid to the bearer Five Hundred Thousand Reis amount received.) |
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| Comments |
The Banco do Brazil that issued this note was not the modern central bank but the third institution of that name — a privately chartered bank that operated from 1851 until its absorption into the Banco da República do Brasil in 1890. By 1868, it held the dominant position in Brazilian commercial banking, with the right to issue notes in Rio de Janeiro competing uneasily against the Banco do Brasil's São Paulo operations and a government perpetually anxious about paper money supply during the Paraguayan War's financial strain.
American Bank Note Company's involvement here is consistent with Brazilian institutional preferences of the period — domestic printing capacity was considered insufficient for security work of this type.