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200 Mil Reis
| Issuer | Banco da República dos Estados Unidos do Brazil |
|---|---|
| Year | 1890 |
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| Currency | Mil Reis (1833-1942) |
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| Obverse description | Black intaglio print on white paper, with the centre occupied by a large '200' within a circular guilloche medallion. To the right, two allegorical female figures in classical robes flank the medallion, one raising a torch; to the left, a steam locomotive vignette runs beneath the arched bank title. The upper legend reads 'REPUBLICA DOS ESTADOS UNIDOS DO BRAZIL – RIO DE JANEIRO', with the promise-to-pay text and decree reference below, series and stamp designations in the left margin, and a SPECIMEN overprint across the lower centre. |
|---|---|
| Obverse lettering | BANCO REPUBLICA DOS ESTADOS UNIDOS DO BRAZIL RIO DE JANEIRO NA THESOURARIA DO BANCO SE PAGARÁ AO PORTADOR EM MOEDA DE OURO E A VISTA A QUANTIA DE DUZENTOS MIL REIS NOS TERMOS DO DECRETO NUMERO 1154 DE 7 DE DEZEMBRO DE 1890 SERIE 1ª ESTAMPA 1ª SPECIMEN THESOUREIRO DA CAIXA DA AMORTISAÇÃO |
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| Comments |
The Banco da República dos Estados Unidos do Brazil was itself a product of the Encilhamento — the speculative boom and monetary chaos that followed the 1889 proclamation of the Republic. The bank was established in 1890 with authorization to issue currency, part of a short-lived experiment in decentralized note-issuing that the government would soon deeply regret. Inflation ran hard through the early 1890s, and many notes from this period never meaningfully circulated before the issuing framework collapsed.
ABNC's involvement was typical for Brazilian state and federal paper of this period — the plates were engraved in New York regardless of where authority nominally resided.