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Colecção - Moedas e Notas - Diário de Notícias #9 - 100 reis

Issuer Casa da Moeda
Year 1891
Type Replica banknote
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Obverse description Typeset note with a geometric guilloche border enclosing the central text panel. Two small vignettes at left and right show the denomination numeral '100' within a frame. The issuer title 'CASA DA MOEDA' appears at top in bold Gothic lettering, with the denomination 'CEM RÉIS' centred below flanked by the word 'Bronze' on each side.
Obverse lettering CASA DA MOEDA
Bronze CEM REIS Bronze
Lisboa 3 de agosto de 1891
O DIRECTOR
Serie A
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Comments

The 100 réis note of 1891 belongs to a curious episode in Portuguese monetary history: an acute financial crisis that year — triggered by a sovereign debt default and bank runs — forced the government to authorize emergency paper money in denominations so small they had no real precedent in Portuguese note-issuing practice. The Casa da Moeda, better known as the national mint, stepped into the role of printer and issuer simultaneously, an unusual concentration that reflected the speed and desperation of the response.

At 100 réis, this was essentially fractional currency — the kind of note that circulates hard and survives poorly.

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