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| 正面描述 | Central vignette presents a sculptural allegorical effigy of the Republic in intaglio. To the left, an engraved vignette commemorates the centenary of the Brazilian Republic, portraying the historical figures of Silva Jardim, Benjamim Constant, Marshal Deodoro da Fonseca, and Quintino Bocaiúva in a scene symbolizing the convergence of republican ideals. Denominations and issuer inscriptions appear in letterpress above and below the central design. |
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| 正面铭文 | BANCO CENTRAL DO BRASIL 200 CASA DA MOEDA DO BRASIL REPÚBLICA I CENTENÁRIO MINISTRA DA ECONOMIA, FAZENDA E PLANEJAMENTO PRESIDENTE DO BANCO CENTRAL DO BRASIL 200 duzentos cruzeiros (Translation: Central Bank of Brazil 200 Brazilian Mint Republic 1st Centenary Minister of Economy, Finance and Planning President of Central Bank of Brazil Two Hundred Cruzeiros) |
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The 200 Cruzeiros denomination was introduced as Brazil's inflation crisis accelerated through the late 1980s, requiring ever-larger face values just to cover routine transactions. By the time this third-edition printing reached circulation in 1990, the country was weeks away from the Collor Plan — the March 1990 shock program that froze private bank accounts and replaced the cruzeiro with the cruzeiro novo almost overnight. Notes already in circulation were suddenly stranded in wallets while savings accounts were locked for eighteen months.
Pick 229 is common in higher circulated grades but frequently encountered with heavy soiling, a predictable result of surviving in active use through one of the most chaotic monetary transitions in Brazilian history.