Brazil P191Ac C132 1 Cruzeiro 1980 UNC 904KP｜ República ｜ Boîte d’Amortissement

Color: Green on polychrome, in chalcography and offset. Front: Effigy of República Back: green medallion, Caisse d’Amortissement Boîte/Caisse d’Amortissement (debt-amortization office) was a French-named financial institution created in the late 19th century to manage and retire public debt, especially foreign loans. Modeled on European debt-amortization offices, it was responsible for collecting earmarked revenues and using them to service and gradually extinguish government bonds, thereby reassuring international creditors. The use of French reflected the period’s financial and diplomatic culture, when Paris was a major center of capital and financial terminology. The former building is today part of the Casa da Moeda do Brasil (Brazilian Mint) complex and associated federal financial administration. The structure, erected in the late 19th century in a French academic style, survives as a historical government building rather than a museum, symbolically linking the era of imperial- and early-republican public finance with the modern institutions that still manage Brazil’s currency and state debt. In Brazilian iconography, República is personified as a woman, following the classical tradition of portraying the state as a female civic figure (like Marianne in France or Britannia in Britain). After the fall of the monarchy in 1889, this allegorical woman came to symbolize the new republican order: liberty, citizenship, and the sovereignty of the people replacing the emperor. On banknotes, medals, and official art, she is often shown wearing a Phrygian cap (emblem of freedom), with calm, dignified features, embodying the abstract idea of the nation as a collective “public body” rather than a royal family—Brazil itself, reimagined as a secular, modern republic.

Brazil P191Ac C132 1 Cruzeiro 1980 UNC 904KP｜ República ｜ Boîte d’Amortissement

Color: Green on polychrome, in chalcography and offset.

Front: Effigy of República

Back: green medallion, Caisse d’Amortissement  

Boîte/Caisse d’Amortissement (debt-amortization office) was a French-named financial institution created in the late 19th century to manage and retire public debt, especially foreign loans. Modeled on European debt-amortization offices, it was responsible for collecting earmarked revenues and using them to service and gradually extinguish government bonds, thereby reassuring international creditors. The use of French reflected the period’s financial and diplomatic culture, when Paris was a major center of capital and financial terminology.

The former building is today part of the Casa da Moeda do Brasil (Brazilian Mint) complex and associated federal financial administration. The structure, erected in the late 19th century in a French academic style, survives as a historical government building rather than a museum, symbolically linking the era of imperial- and early-republican public finance with the modern institutions that still manage Brazil’s currency and state debt.

In Brazilian iconography, República is personified as a woman, following the classical tradition of portraying the state as a female civic figure (like Marianne in France or Britannia in Britain). After the fall of the monarchy in 1889, this allegorical woman came to symbolize the new republican order: liberty, citizenship, and the sovereignty of the people replacing the emperor. On banknotes, medals, and official art, she is often shown wearing a Phrygian cap (emblem of freedom), with calm, dignified features, embodying the abstract idea of the nation as a collective “public body” rather than a royal family—Brazil itself, reimagined as a secular, modern republic.

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Banknote condition

  • UNC (Uncirculated): No signs of circulation, no folds or creases; full original crispness and sheen. A slight ?half moon? from the security thread may appear.
  • AU (About Uncirculated): Nearly perfect, with a single light fold or handling mark that doesn?t break the paper. Crisp and colorful.
  • XF a.k.a. EF (Extremely Fine): Crisp and attractive with minor handling; a few light folds or one firm crease. Still firm and bright.
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  • VG (Very Good) / Heavily Circulated: Limp and worn with heavy creasing, edge wear, and possible small tears; design may be faded.