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500 Cruzeiros Reais overprinted on P# 236
| Issuer | Banco Central do Brasil |
|---|---|
| Year | 1993 |
| Type | Log in to see details |
| Value | 500 Cruzeiros Reais (500 BRR) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
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| Signature(s) | Log in to see details |
| Protection type | Watermark |
| Protection description | Effigy of the Republic |
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| Comments |
Brazil's monetary crisis of the early 1990s moved faster than printing schedules could accommodate. When the cruzeiro real replaced the cruzado novo in August 1993, the Casa da Moeda do Brasil simply overprinted existing P#236 cruzeiros reais stock rather than wait for a fully redesigned series — a stopgap that lasted only months before hyperinflation made the denomination effectively worthless anyway. Brazil would introduce the real in July 1994, its seventh currency in under a decade.
The overprint is prone to misalignment on some examples, making dramatically off-center strikes a minor collecting variant worth examining before purchase.