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| 正面描述 | Blue intaglio on polychrome lithographic underprint. A central vignette presents the portrait of José Bonifácio de Andrada e Silva (1763–1838), flanked on both sides by the denomination numeral 500. A diagonal manuscript conference signature crosses the body of the note. |
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| 正面铭文 | 登录 以查看详情 |
| 背面描述 | Brown intaglio. The central vignette presents the Coat of Arms of the Republic of the United States of Brazil, flanked on both sides by the denomination numeral 500. |
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Brazil's National Treasury had used the American Bank Note Company for high-denomination paper throughout the late imperial and early republican periods, and this 1918 issue of the 500 Mil Réis continues that long-running contract relationship. The "12th Print" designation matters: ABNC produced successive printings of the same basic plate across multiple years, with the print number being the primary means of distinguishing otherwise near-identical notes in the series.
Brazil entered a period of significant monetary stress following World War One — coffee export revenues collapsed as European demand dried up, and the mil réis lost roughly half its exchange value against sterling between 1914 and 1920. High-denomination notes like this one were being issued into an economy where they bought considerably less than when the series was first designed.