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500 Mil Réis Banco de Crédito Popular do Brazil

Uitgever Banco de Crédito Popular do Brazil
Jaar 1890
Type Local banknote
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Opschrift voorzijde 500 BANCO DE CRÉDITO POPULAR DO BRAZIL RIO DE JANEIRO NA THESOURARIA DO BANCO SE PAGARÁ AO PORTADOR A QUANTIA DE QUINHENTOS MIL REIS EM OURO E À VISTA NOS TERMOS DO DECRETO NÚMERO 253 DE 8 DE MARÇO DE 1890, ART 1º & 2º 500 AMERICAN BANK NOTE CO., NEW YORK
(Translation: Popular Credit Bank of Brazil Rio de Janeiro In the bank`s treasury the amount will be paid Five Hundred Thousand Reis in gold and in sight in accordance with the Decree number 253 of March 8, 1890, Art 1 and 2 American Bank Note Co., New York)
Beschrijving keerzijde Printed in cobalt blue intaglio. The field carries a Marajoara-style geometric guilloche background. At left, a seated female figure in classical pose.
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Opmerkingen

The Banco de Crédito Popular do Brazil was one of dozens of private banks that obtained authorization to issue currency during Brazil's Encilhamento — the speculative boom triggered by the Ouro Preto reforms of 1889–1890, which briefly allowed commercial banks to issue their own banknotes backed by government bonds. The experiment collapsed spectacularly within a few years, and most of these issuing institutions failed or had their privileges revoked before their notes saw meaningful circulation.

The American Bank Note Company printed for a large number of these short-lived Brazilian issuers simultaneously, producing handsome notes for institutions that in some cases never achieved genuine solvency. Whether this series ever circulated at scale is unclear — the bank's own history is poorly documented.

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