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20 Mil Reis
| Issuer | Banco Emissor do Norte |
|---|---|
| Year | 1890 |
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| Composition | Cotton paper |
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|---|---|
| Obverse lettering | REPUBLICA DOS ESTADOS UNIDOS DO BRASIL BANCO EMISSOR DO NORTE NA THESOURARIA DO BANCO SE PAGARÁ AO PORTADOR ESTADOS UNIDOS DO BRASIL SERIE 1A ESTAMPA 1A VINTE MIL REIS NOS TERMOS DO DECRETO N° 253 DE 8 DE MARÇO DE 1890, ART° 1° §2° PARA 20 |
| Reverse description | Printed entirely in blue intaglio, the reverse centres on a vignette of a wide colonial boulevard lined with tall royal palms leading to a large institutional building, rendered with fine engraved line-work. To the right, a large ornate guilloche panel bears the bold numeral 20. The border is composed of intricate lathe-work and rosette patterns framing the whole composition, with the bank name BANCO EMISSOR DO NORTE in letterpress along the lower margin. |
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| Comments |
Banco Emissor do Norte was one of several regional banks granted note-issuing authority under Brazil's sweeping 1888–1890 banking reforms, which briefly decentralized emission away from the central government before the whole experiment collapsed in the speculative chaos of the Encilhamento. This note dates from that window — a period of intense monetary expansion that ended badly, with most of these regional institutions either dissolved or absorbed within a few years.
ABNC's New York presses handled a substantial volume of Brazilian provincial bank paper during this period. Attribution to a specific engraver within the firm is not established for this series.