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5 Mil Réis 1932 Revolution Bonus; 1st print

5 Mil Réis (1932 Revolution Bonus; 1st print) -  obverse5 Mil Réis (1932 Revolution Bonus; 1st print) -  reverse

© Wilson Roberto Vasques Nunes

Features

Country Brazil
Period Republic of the United States of Brazil (1889-1967)
Type Local banknote
Year 1932
Value 5000 Réis (5000.000)
Currency Real (1799-1942)
Composition Paper
Size 139 × 71 mm
Shape Rectangular
Demonetized 12-31-1932
References P# S861
  • 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.

Commemorative issue

Constitutionalist Revolution of 1932

Obverse

Blue and yellow, in calcography and lithography.
In the center, an oval medallion with the figure of Domingos Jorge Velho, flanked on both sides by the Arabic numeral "5".
Diagonally crossing the body of the note, anonymous autograph of the official responsible for the conference.

Lettering:
5 5
THESOURO DO ESTADO DE S.PAULO . BRAZIL
PRÓ-CONSTITUIÇÃO
5 5
DOMINGOS JORGE VELHO
CINCO MIL REIS
O portador deste receberá no Thesouro do Estado
de S. Paulo a quantia de 5$000 (cinco mil réis) de
accordo com o Decreto N.º 5585 de 14 de Julho de 1932.
5 5
COMP. MELHORAMENTOS DE SÃO PAULO (WEISZFLOG IRMÃOS INCORPORADA) S. PAULO - RIO - CAYEIRAS.

Translation:
Treasury of the State of São Paulo. Brazil
Pro-Constitution
Domingos Jorge Velho
Five Thousand Réis
The bearer of this will receive at the Treasury of the State of São Paulo the amount of 5$000 (five thousand réis) in accordance with Decree No. 5585 of 14 July 1932.
Companhia Melhoramentos de São Paulo (Weiszflog Brothers Incorporated) São Paulo - Rio - Cayeiras.

Reverse

Sepia, in lithography.
In the center, the inscription "BONUS DO THESOURO DO ESTADO DE SÃO PAULO / PRÓ CONSTITUIÇÃO", with the numeral "5" on the left and right side.

Lettering:
5 5
BONUS
DO THESOURO DO ESTADO
DE
SÃO PAULO
PRÓ CONSTITUIÇÃO

Translation:
Treasury Bonus of the State of São Paulo
Pro Constitution

Comments

Specimen (what is?)

Specimen note sample

Themes of this banknote
       
(1) Domingos Jorge Velho (1641-1705) and his lieutenant Antônio Fernandes de Abreu, portrayed by Benedito Calixto (1853-1927) in 1903.

       
(2) 1932 Revolution Bonus
Undoubtedly, one of the most important and dramatic events in Brazilian republican history. Expressing the dissatisfaction of the paulistas with the Revolution of 1930, the movement served, above all, to convince the Provisional Government of Getúlio Vargas of the need to end the discretionary character of the regime under which the country lived. This would only happen when the 1890 Constitution, rendered ineffective, was replaced by another.

The Constitutionalist Revolution of 1932 was a reaction of the Brazilians who opposed the government of Getúlio Vargas, who had given a coup d'état when deposing President Washington Luís, in 1930. Between July and October of that fateful year, São Paulo fought against the central government for the country to return to its democratic normality. Despite the promise of aid, only small contingents from the state of Rio Grande do Sul and southern Mato Grosso have allied themselves with the São Paulo initiative. Getúlio Vargas was forced to call a General Constituent Assembly,
which resulted in the 1934 Constitution.

If from the military point of view, the paulistas were defeated by the 1932 movement, the same cannot be said in relation to politics and the economy. São Paulo continued to be the main supplier of foreign exchange in the country, in the context of a global economic crisis and a drop in the price of coffee on the international market. Thus, under pressure, the Provisional Government maintained the policy of valuing coffee, buying and retaining stocks, in addition to allowing the rescheduling of coffee farmers' debts and accepting war bonuses as legal tender, among other measures.

The São Paulo campaign was a civil war that, even though it was brief, was still a war.
Trenches, rifles, armored cars, everything produced with what was within reach, the result of a titanic effort against what they considered tyranny. Schools were converted into hospitals and the Escola Politécnica produced armaments.

A problem resulting from the brief war situation in which the State of São Paulo was involved, was the momentary lack of circulating medium. As this was an exceptional situation, the State Treasury issued a series of public debt bonds, in the form of bills. Decree 5585, of July 14, 1932 authorized the issuance of Rs. 100,000: 000 $ (one hundred thousand contos de réis), for circulation in 90 days.

The notes had two prints, both printed by Companhia Melhoramentos de São Paulo in record time. The first family brought the effigies of Domingos Jorge Velho and Fernão Dias, both bandeirantes. The bonuses of the 1932 Revolution were canceled on 12/31/1932.

Constitutionalist Revolution of 1932

Notes

To know more... Republic of the United States of Brazil (2nd Republic) and Réis (Rs)

Legislation
Decree 5585, of July 14, 1932

Printer
Companhia Melhoramentos de São Paulo

See also

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Date VG F VF XF AU UNC
ND (1932)  P# S861a; Autographed; Obverse without Printer's name
ND (1932)  P# S861b; Autographed; Obverse with Printer's name
ND (1932)  P# S861s; Specimen

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Banknotes Brazil 5 Mil Réis (1932 Revolution Bonus; 1st print)