Catalog
500 Reis
| Issuer | Tesouro do Estado do Rio Grande do Norte |
|---|---|
| Year | 1897 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | APÓLICE DE DÍVIDA PUBLICA DE RIO GRANDE DE NORTE EMPRÉSTIMO DE 200:000$000 JURO ANNUAL 8$00 SÉRIE ESTADO DO RIO GRANDE DO NORTE O PORTADOR DESTA APÓLICE DO VALOR DE QUINHENTOS REIS, RECEBERÁ SEMESTRALMENTE NO TESOURO DO ESTADO OS RESPECTIVOS JUROS VENCIDOS A CONTAR DA DATA DE SUA EMISSÃO. INSPECTOR QUINHENTOS REIS RIO GRANDE DO NORTE 500 LITRO DE J. E. PURCELL |
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| Reverse lettering | THESOURO DO RIO GRANDE DO NORTE 500 LEI Nº 95 DE 15 DE DEZEMBRO DE 1896 ART. 3º LITHO DE J. E. PURCELL - PERNAMBUCO |
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| Comments |
Rio Grande do Norte's state treasury issued its own paper currency in 1897, a practice permitted under Brazil's early republican federalism, which granted considerable fiscal latitude to individual states in the years following the 1889 proclamation. This note is among the more obscure products of that experiment — RGN was among the smallest and least-populated states to exercise the privilege, and its emissions were correspondingly limited in volume.
Purcell's Recife-based lithographic house handled printing for several northeastern state issues during this period, making it difficult to assign precise print runs from surviving examples alone.