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500 Mil Réis Thesouro Nacional, 3rd print

Issuer Thesouro Nacional
Year 1859
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Reference(s) P#A227
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Obverse lettering 500 QUINHENTOS * QUINHENTOS 500 IMPERIO DO BRASIL Nº ____ 500$000 NO THESOURO NACIONAL SE PAGARÁ AO PORTADOR DESTA A QUANTIA DE QUINHENTOS MIL RÉIS VALOR RECEBIDO 500 500 QUINHENTOS * 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. 500 500 Five Hundred)
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Variants P#A227s - Specimen
Comments

Perkins, Bacon & Petch had already built its reputation on intaglio security printing for postal stamps and colonial banknotes when this note was commissioned, and the Brazilian treasury was a reliable client through the mid-nineteenth century. The "3rd print" designation matters here: successive print runs for this series were ordered as fiscal pressures mounted following the Paraguayan War buildup, and each run introduced minor plate variations that specialists use to sequence examples.

The Mil Réis system, denominated in units of one thousand Réis, was notoriously confusing to foreign commerce — 500 Mil Réis represented a substantial sum in 1859 Brazil, not pocket change.

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