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2 Mil Réis Thesouro Nacional, Copper exchange note
| Issuer | Imperio do Brasil |
|---|---|
| Year | 1833 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse bears no printed design and is largely plain, with aged, foxed paper showing fold lines consistent with circulation. A single handwritten cursive signature runs across the centre of the note, applied by the authorising official, with additional manuscript notations visible in the upper area. |
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| Protection type | Log in to see details |
| Protection description | Paper watermark of a ladder-like pattern (known colloquially as the 'escada' or ladder watermark), formed by a series of parallel horizontal bars resembling ladder rungs, visible when the note is held to light. |
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| Comments |
Brazil's Imperial Treasury began issuing copper exchange notes in 1833 as a direct response to the catastrophic over-minting of copper coinage in the preceding decade. Provincial mints had flooded the economy with debased copper, and these notes — denominated in specific copper coin values — were designed to give holders a way to consolidate and eventually redeem that coinage through the treasury. The scheme was, in practice, a managed withdrawal of excess copper from circulation.
P#A152 is among the earliest standardized paper instruments issued under the imperial government, predating the founding of the second Banco do Brasil in 1851 by nearly two decades.