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500 Réis Thesouro Nacional, 4th. Print

Issuer Thesouro Nacional (National Treasury of Brazil)
Year 1901
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Obverse description Violet on ochre underprint, executed in intaglio and lithography. An allegorical vignette of the Republic appears at left, with the country and issuer names inscribed along the top margin. The face value appears in numerals at all four corners and is repeated in both letters and numerals at the centre of the note.
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Reverse lettering QUINHENTOS REIS QUINHENTOS REIS República dos Estados Unidos do Brazil 15 de Novembro de 1889
(Translation: Five hundred Reis Five hundred Reis (in arms): Republic of United States of Brazil November 15th, 1889)
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Comments

Brazil's Thesouro Nacional turned to Bradbury Wilkinson repeatedly in the late nineteenth and early twentieth centuries, and this 500 Réis note is one of the more modest outputs of that relationship — a low-denomination workhorse note during a period when the milréis was under sustained inflationary pressure following the Encilhamento speculation crisis of the early 1890s. The Treasury, rather than the Banco da República do Brasil, retained direct note-issuing authority for these smaller values.

The "4th Print" designation reflects successive re-orders from the same London printer using the same plate series — a common economy measure that makes distinguishing print runs difficult without reference to signature combinations or serial prefix blocks.

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