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100 Mil Reis

Issuer Thesouro do Estado de S. Paulo
Year 1932
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Shape Rectangular
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Obverse lettering THESOURO DO ESTADO DE S. PAULO BRAZIL
PRO CONSTITUIÇÃO
DUQUE DE CAXIAS
CEM MIL REIS
100
O portador deste receberá no Thesouro do Estado de S. Paulo a quantia de 100$000 (cem mil réis) de acordo com o Decreto N. 5885 de 14 de Julho de 1932
Reverse description Green note with a large central guilloche rosette bearing the inscription BONUS DO THESOURO DO ESTADO DE S. PAULO within its centre, flanked on either side by the numeral 100. The curved legend PRO CONSTITUIÇÃO arches across the upper and left portions of the design, all set within a finely engraved geometric border with ornamental corner pieces.
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Comments

The Thesouro do Estado de S. Paulo issued this note amid one of the most significant political ruptures in Brazilian history. The Constitutionalist Revolution of 1932 pitted São Paulo against the federal government of Getúlio Vargas, and the state treasury issued its own emergency currency to fund a military campaign that lasted nearly three months before São Paulo's surrender in October.

Companhia Melhoramentos — better known as a paper and publishing house, successor to the Weiszflog brothers' operation — was an unusual choice of printer, reflecting wartime improvisation rather than standard banking procurement. The note circulated under genuine duress.

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