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5 Mil Reis
| Issuer | Thesouro do Estado do Rio Grande do Sul |
|---|---|
| Year | 1930 |
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| Value | Log in to see details |
| Currency | Mil Reis (1833-1942) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | ESTADO DO RIO GRANDE DO SUL O THESOURO DO ESTADO DO RIO GRANDE DO SUL pagará ao portador seis mezes desta data $5000 accrescidos dos juros de 7½% ao anno de accôrdo com a lei n.523, de 13 de outubro e dec.n.4.603 de 18 de outubro de 1930. BÔNUS 5 CINCO MIL REIS Porto Alegre, 31 de outubro de 1930 |
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| Reverse lettering | ESTADO DO RIO GRANDE DO SUL JUROS DE BÔNUS 7½% AO ANNO LEI Nº 523, DE 13 DE OUTUBRO E DEC. Nº 4.603 DE 18 DE OUTUBRO DE 1930 Lithographia do Livro do Estado, Porto Alegre |
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| Comments |
The Thesouro do Estado do Rio Grande do Sul issued regional paper money under an arrangement that survived well into the twentieth century, longer than most Brazilian states managed. This 1930 note arrives at a politically charged moment: the October 1930 revolution that brought Getúlio Vargas to power — himself a gaúcho, a former governor of Rio Grande do Sul — effectively ended the Old Republic and with it the fiscal autonomy that had allowed states like this one to sustain their own treasury emissions.
Printed locally by Lithographia do Livro do Estado in Porto Alegre rather than outsourced to European or Rio de Janeiro printers, the note reflects the state's deliberate self-sufficiency. Post-1930, federal consolidation made further state-level issues politically untenable.