Catalog
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| Issuer | Tesouro do Estado do Rio Grande do Sul |
|---|---|
| Year | 1934 |
| Type | Standard circulation banknote |
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| Obverse description | The obverse is printed in dark green and red on a cream-coloured paper, with a central oval intaglio portrait of Oswaldo Aranha in a suit, surrounded by intricate guilloche underprint patterns in pink and green. Numeral '5' vignettes appear in the upper corners and lower left, with the state arms and the heading 'ESTADO DO RIO GRANDE DO SUL' arching across the top; the legend 'CINCO MIL REIS' is printed in bold letterpress at the foot of the note. The serial number, série designation, and date 'PORTO ALEGRE, 1 DE MAIO DE 1934' appear in the lower portion, with two manuscript signatures across the face. |
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| Obverse lettering | BONUS ESTADO DO RIO GRANDE DO SUL O TESOURO PAGARÁ AO PORTADOR DOIS MEZES DESTA DATA SÉRIE F 5 OSWALDO ARANHA PORTO ALEGRE, 1 DE MAIO DE 1934 CINCO MIL REIS |
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| Comments |
Rio Grande do Sul maintained its own state treasury notes well into the Republican period, a holdover from the decentralized fiscal arrangements that Getúlio Vargas — himself a gaúcho — had exploited politically before his 1930 rise to federal power. By 1934, issuing paper at the state level was already an anachronism, and this note belongs to what proved to be the final phase of such regional emissions before tighter federal monetary controls rendered them obsolete.
Litografia Henrique Meyerfreund was a Porto Alegre commercial printing firm, not a specialist security printer. The technical limitations of lithographic production for currency are visible in surviving examples, which often show soft impression and ink bleed not seen in intaglio-printed contemporaries.