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5000 Cruzeiros Thesouro Nacional, 2nd print

Issuer Tesouro Nacional (National Treasury of Brazil)
Year 1963-1964
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Printer Thomas de la Rue, London
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Reverse description Intaglio print in ruby red. The central design reproduces the painting Tiradentes ante o carrasco (Tiradentes before the Executioner), executed in 1951 by Rafael Falco (1885–1967), flanked by the two-line legend REPÚBLICA DOS / ESTADOS UNIDOS DO BRASIL. Denomination numerals 5000 appear at the upper corners, with the printer's imprint at the lower margin.
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Variants P#182a - series 1-400 signatures: Reginaldo Fernandes Nunes & Miguel Calmon
P#182b - series 401-1400 signatures: Reginaldo Fernandes Nunes & Octávio Gouvêa de Bulhões
P#182c - series 1401-1700 signatures: Sérgio Augusto Ribeiro & Octávio Gouvêa de Bulhões
Comments

Brazil's Tesouro Nacional notes of this period exist because the Banco do Brasil and the Banco Central — the latter not yet formally established until 1964 — were still operating through transitional monetary arrangements. The 5000 Cruzeiros denomination was among the highest face values in circulation during a period of accelerating inflation that would ultimately force the 1967 cruzeiro reform, where 1000 old cruzeiros became a single cruzeiro novo.

Three distinct signature combinations across series 1 through 1700 reflect genuine ministerial turnover: Octávio Gouvêa de Bulhões served as Finance Minister under both Goulart and then Castelo Branco after the April 1964 coup, which means notes from series 401 onward effectively bridge two governments.

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