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50 Mil Réis overprint on 50 Mil Réis i.e. P# 58

Features

Country Brazil
Period Republic of the United States of Brazil (1889-1967)
Type Standard banknote
Year 1926
Value 50000 Réis (50000.000)
Currency Real (1799-1942)
Composition Paper
Size 180 × 83 mm
Shape Rectangular
Demonetized 1951
References P# 109C
  • Tracy L. Schmidt (editor); 2019. Standard Catalog of World Paper Money. Modern issues 1961-present (25th edition). Krause Publications, Iola, Wisconsin, USA. ISBN 9781440248986.
  • Tracy L. Schmidt (editor); 2016. Standard Catalog of World Paper Money. General issues, 1368-1960 (16th edition). Krause Publications, Iola, Wisconsin, USA. ISBN 9781440247071.
  • George S. Cuhaj (editor); 2013. Standard Catalog of World Paper Money. Specialized Issues (12th edition). Krause Publications, Iola, Wisconsin, USA. ISBN 9781440238833.

Obverse

Blue on polychrome, in calcography and lithography.
In the center, the portrait of Artur da Silva Bernardes, 12th President of the Republic (1922-1926), flanked by numerals 50.
Diagonally crossing the body of the note, anonymous autograph of the official responsible for the conference, plus two other signatures.
Near the top margin, a rectangular stamp, in black, with the words "A CAIXA DE ESTABILIZAÇÃO pagará ao portador, à vista, no Rio de Janeiro, em ouro, conforme a Lei n.º 5108, de 18 de Dezembro de 1926 a quantia de 50$000 VALOR RECEBIDO EM OURO".

Lettering:
CINCOENTA CINCOENTA
50 50
REPUBLICA DOS ESTADOS UNIDOS DO BRAZIL
NO THESOURO NACIONAL
SE PAGARÁ AO PORTADOR DESTA A QUANTIA DE
L CINCOENTA 50 CINCOENTA L
50 50
CINCOENTA MIL REIS
VALOR
RECEBIDO
50 50
CINCOENTA CINCOENTA
American Bank Note Company
A CAIXA DE ESTABILIZAÇÃO pagará
ao portador, à vista, no Rio de Janeiro,
em ouro, conforme a Lei n.º 5108, de
18 de Dezembro de 1926 a quantia de
50$000
VALOR RECEBIDO EM OURO

Translation:
Republic of the United States of Brazil
In the National Treasury
will be paid to the carrier of this amount of
Fifty Thousand Réis
Amount Received
American Bank Note Company
The Stabilization Fund will pay the bearer, in cash, in Rio de Janeiro, in gold, according to Law No. 5108, from December 18, 1926 to amount of 50$000 Amount Received in Gold

Reverse

Green, in calcography.

Lettering:
50
50 50
REPUBLICA
DOS
ESTADOS UNIDOS
DO BRAZIL
AMERICAN BANK NOTE COMPANY

Translation:
Republic of the United States of Brazil
American Bank Note Company

Comments

Themes of this banknote
       
(1) Artur da Silva Bernardes (Viçosa, 1875 - Rio de Janeiro, 1955) was a Brazilian lawyer and politician, President of Minas Gerais, 1918 to 1922 and 12th President of Brazil between November 15, 1922 and November 15, 1926. His followers were called "bernardistas". Bernardes won the presidential elections of March 1, 1922. obtaining 466,877 votes against 317,714 votes given to Nilo Peçanha, in an election that divided the country: Rio Grande do Sul, Bahia, Pernambuco and Rio de Janeiro supported Nilo Peçanha and the other states supported the Bernardes candidacy.
Before the election, Bernardes had to face the rumorous case of "cartas falsas" (false letters) attributed to him and which denigrated the ex-president Hermes da Fonseca. Its vice-president was Estácio Coimbra who replaced Urbano Santos, elected vice-president, also on March 1, 1922, died on May 7, 1922, before taking office. The discontent with the victory of Bernardes and the government of his predecessor, Epitácio Pessoa, were some of the causes of the so-called Revolta dos 18 do Forte de Copacabana, (18 of the Copacabana Fort revolt) the movement's first action lieutenant. Bernardes had to face the Coluna Prestes (Prestes Column), a tenentist movement that traveled the country preaching changes political and social and has never been defeated by the government.

       
(2) Rectangular stamp of 50$000 (fifty thousand Réis)
      
Notes
The first banknotes of the Caixa de Estabilização (Stabilization Fund) were taken from the National Treasury, with a rectangular stamp with the words "The Stabilization Fund will pay the holder, in cash, in Rio de Janeiro, in gold, according to Law No. 5108, of 18 December 1926 the amount of __$000 AMOUNT RECEIVED IN GOLD".


To know more... Republic of the United States of Brazil (1st Republic) and Réis (Rs)

Legislation
Decree 5108 of December 18, 1926

See also

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Date VG F VF XF AU UNC
ND (1926)  P# 109C; Series #9 - 10; With two signatures

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Banknotes Brazil 50 Mil Réis (overprint on 50 Mil Réis i.e. P# 58)