20 Mil Réis State Bonus; Series A
Features
| Location |
Brazil
 |
|---|---|
| Issuing institution | State Treasury of Rio Grande do Sul (Thesouro do Estado do Rio Grande do Sul) |
| Period |
Republic of the United States of Brazil (1889-1967)
|
| Type | Local banknotes |
| Year | 1930 |
| Value | 20 000 Réis (20 000) |
| Currency | Real (1799-1942) |
| Composition | Paper |
| Size | 140 × 75 mm |
| Shape | Rectangular |
| Technique | Lithography |
| Demonetized | 1931 |
| Number | N# 446540 |
| References | P# S773 Standard Catalog of World Paper Money (10 volumes). |
Series: First Print, 1930
Obverse
Light Green on the left and right extremeties, lithography is most done in dark green. On right side side is the emblem and banner of the State of Rio Grande do Sul. In the center, around a bright red oval shape is the number 20. At the bottom, we have two signatures hand written over a light brown repeating lettering of "THESOURODOESTADODORIOGRANDEDOSUL"
Script: Latin
Lettering:
10 ESTADO do RIO GRANDE do SUL 10
O THESOURO do ESTADO do RIO GRANDE do SUL pagará ao portador, seis mezes desta data 20$000 accrescidos dos juros de 71/2% ao ANNO, de accôrdo com a lei n.523, de 13 de outubro e dec. n. 4603, de 18 de outubro de 1930
BONUS 10
Lithographia da Livr. do Globo, Porto Alegre
PORTO ALEGRE, 31 de OUTUBRO de 1930 DEZ MIL RÉIS
20 20
Translation:
State of Rio Grande do Sul
The Treasury of the State of Rio Grande do Sul will pay the bearer, six months from this date, 20,000 (reis) with annual accrued interest of 7,5% , in accordance with law Nº:523, of 13th of october and decree Nº:4603, of 18th of october of 1930.
BONUS
Twenty Thousand Réis
Lithography by "Livraria O Globo", Porto Alegre
Reverse
Printed in single tone violet. In the center, the "Bonus of 7,5% Annually" is written.
Script: Latin
Lettering:
ESTADO do RIO GRANDE do SUL
JUROS DE (BONUS) 71/2% AO ANNO
LEI Nº 523 de 13 DE OUTUBRO e DEC. Nº4.603 de 18 de OUTUBRO de 1930
Lithographia da Livr. do Globo, Porto Alegre
Translation:
State of Rio Grande do Sul
Interest of 7,5% Annually
Law Nº:523, of 13th of october and decree Nº:4603, of 18th of october of 1930.
Printer
Lithografia da Livraria do Globo, Porto Alegre, BrazilComments
Banknotes issued due to the coup led by Getulio Vargas on 24th of October, 1930. The State of Rio Grande do Sul, alongside states of Paraiba & Minas Gerais, deposed President Washington Luis and placed Getulio Vargas as president. Rio Grande do Sul was Vargas' homebase and huge supporter of the coup, the banknotes were issued both as potential civil war bonuses/bonds, but also as de facto currency within the state, since the stability of the national treasury would be place in jeoparty in case of a prolonged civil war.
Due to the relatively bloodless and successful coup, these first issue banknotes are very rare today, as one would have to forego the fairly attractive 7,5% annual interest. Thus, most were reclaimed by 1931, when the second print were issued.
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| Date | No. printed | VG | F | VF | XF | AU | UNC | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Undetermined | |||||||||||||||
| 1930-Oct-31 | 200 000 | Signatures of João Soarez & Carlos Heitor de Azevedo | |||||||||||||
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Numista Rarity index: 100
This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.
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