Sunday, September 14, 2014

Brazil 10,000 Cruzeiros Reais (1994) - The note that was never issued

History: The Cruzeiro Real (CR $) was the monetary standard in Brazil between August 1, 1993 to June 30 1994. High rates of inflation that marked the year 1993 led the government of president Itamar Franco to create the Cruzeiro Real, equivalent to one thousand Cruzeiros. No coins were issued with values in cents for this currency, the cents being the previous Cruzeiros bank notes in the ratio of 10 "Cruzeiros" per penny. The big news in the visual appearance of the bank notes of CRUZEIRO REAL (of 1993/94), was the use of regional human characters, depicted by their specific elements (urban aspects, activities and tools). According to these parameters, banknotes that entered circulation were "Gaucho" and "Baiana", respectively CR $ 5,000.00 and CR $ 50,000.00. The launch of the note of CR $ 10,000.00 was planned to take place in 1994. The theme chosen to be stamped was the "Rendeira" (the "Lacemaker woman").

In July 1994, with the implementation of "Real Plan", the "Rendeira" project was aborted. The new monetary unit, Real, then appeared.

The obverse shows the Rendeira with the words: "Praise the Lord" and "Rendeira". Vertically the symbol and the name of the printing company "CASA DA MOEDA DO BRASIL".

The reverse shows three generations of women working in the manufacture of lace, with the description "Rendeiras de Bilro". Tools are shown, especially a pair of sandals, container with line / scissors / needle, cylindrical pillow and bobbins.

Courtesy Dinheiro de Metal. Many thanks to Nichola Viggiano for refering and translating this article.

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