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200 Mil Reis
| Issuer | Banco Credito Popular do Brazil, Rio de Janeiro |
|---|---|
| Year | 1890 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO DE CREDITO POPULAR DO BRAZIL RIO DE JANEIRO DUZENTOS MIL REIS DUZENTOS MIL REIS NA THESOURARIA DO BANCO SE PAGARÁ AO PORTADOR A QUANTIA DE A VISTA NOS TERMOS DO DECRETO NUMERO 253 DE 8 DE MARÇO DE 1890 ESTAMPA 1A SERIE 1A 200 |
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| Reverse lettering | BANCO DE CREDITO POPULAR DO BRAZIL 200 OBRIGAÇÃO DE TER DE AMERICAN BANK NOTE CO., NEW YORK |
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| Comments |
Banco Credito Popular do Brazil was one of dozens of private banks granted note-issuing authority during the Encilhamento — the speculative boom that followed Brazil's sudden shift to republican government in 1889 and the loosening of banking restrictions under Finance Minister Ruy Barbosa. The resulting flood of paper money from competing private issuers fueled rampant inflation and a wave of fraudulent incorporations, with many banks existing primarily to print and circulate notes rather than conduct any meaningful lending.
The American Bank Note Company printed for numerous Brazilian private issuers during this period, often working from shared or adapted plate elements. Whether this particular institution survived long enough to redeem its obligations is doubtful — most Encilhamento-era private banks had collapsed or been wound up by 1892.