Catalog
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| Issuer | Banco Central do Brasil |
|---|---|
| Year | 1990 |
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| Currency | Cruzeiro (1990-1993) |
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|---|---|
| Obverse lettering | BANCO CENTRAL DO BRASIL 5000 MINISTRO DA FAZENDA PRESIDENTE DO BANCO CENTRAL DO BRASIL CASA DA MOEDA DO BRASIL 5000 CINCO MIL CRUZEIROS (Translation: Central Bank of Brazil 5000 Finance Minister President of Central Bank of Brazil Brazilian Mint 5000 Five Thousand Cruzeiros) |
| Reverse description | The National Coat of Arms of Brazil is rendered as the central vignette, with guilloche rosette compositions flanking it on either side. Denomination numerals appear in the lower portion of the design. |
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| Comments |
This provisional issue belongs to the chaotic opening months of the Collor government, when the March 1990 Plano Collor froze roughly 80% of all private bank deposits overnight — the most aggressive anti-inflation intervention in Brazilian history. Existing note stocks were overprinted rather than replaced entirely, as the Casa da Moeda simply could not produce new currency fast enough to meet demand once the freeze began lifting.
Pick 227 is a transitional piece in the truest sense: old plates, new political reality.