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500 Mil Réis Thesouro Nacional, 2nd print

Issuer Thesouro Nacional
Year 1844
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Size 200 × 130 mm
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Obverse description Intaglio-printed in green on light green paper, the note presents the Imperial Arms of Brazil at right and a detailed panoramic vignette of the city of Salvador, Bahia, as it appeared in the first half of the 19th century, at centre. At left, reference is made to the authorising Decree of 1 June 1833, with denomination and series number typographically printed and the order number hand-stamped. A diagonal MODELO overprint is applied across the face.
Obverse lettering 500 500 * QUINHENTOS * 500 * QUINHENTOS 500 IMPERIO DO BRASIL Nº ____ 500$000 NO THESOURO NACIONAL SE PAGARÁ AO PORTADOR DESTA A QUANTIA DE QUINHENTOS MIL RÉIS VALOR RECEBIDO 500 Decreto de 1º de Junho de 1833. 500 500 * QUINHENTOS * 500 * QUINHENTOS 500 MODELO
(Translation: 500 Five Hundred Empire of Brazil No. ____ 500$000 At the National Treasury you will pay bearer of this the amount of Five Hundred Thousand Réis, amount received. 500 Decree of June 1, 1833. 500 Five Hundred)
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Comments

Brazil's paper currency in the 1840s occupied deeply uncomfortable political ground. The Banco do Brasil had collapsed in 1829, leaving the Thesouro Nacional to fill the void through direct treasury emission — an arrangement that generated chronic inflation and public distrust throughout the Regency period. This 500 Mil Réis belongs to that uneasy interval before the second Banco do Brasil was established in 1851.

Perkins, Bacon & Petch were among the most technically sophisticated security printers of the mid-nineteenth century, known particularly for their siderographic steel engraving process, which made plate duplication and counterfeiting significantly harder than copper-based alternatives. The contract reflects how far Brazil was sending its currency commissions at the time — across the Atlantic, to London.

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