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| 正面描述 | Letterpress note issued under the Decree of 6 August 1891, with serial number prefix and series designation at upper left, authority text "CASA DA MOEDA" and denomination "BRONZE CEM REIS BRONZE" across the centre. Director's signature line printed at lower right, with guilloche underprint throughout. |
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| 背面描述 | Dense lathe-work guilloche covers the entire field, centred on a circular vignette enclosing the Portuguese royal coat of arms surmounted by a crown, set within a cross-shaped radiating panel. Denomination numerals "100" appear in counter circles at left and right, with the legend "CEM REIS" at top and "BRONZE" at bottom. |
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The 100 Réis note of 1891 belongs to a peculiar episode in Portuguese monetary history: the country's severe fiscal crisis that year forced the government to issue low-denomination paper currency to replace the small coinage that had effectively vanished from circulation through hoarding. Paper at this value was deeply unpopular — ordinary Portuguese had little trust in it for everyday transactions, and these small notes were handled constantly and roughly, which is why intact survivors are genuinely uncommon.
This particular example is a modern collector reissue from the Diário de Notícias series, not an original circulated specimen.