BRAZIL. Thesouro Nacional. 200 Mil Reis, ND (1925). P-81bs. Specimen. PMG Gem Uncirculated 65 EPQ.The sole finest specimen in the PMG population report of this scarce type produced by the American Bank Note Company. By the 1920s the appearance of Brazilian notes had standardized, but they still come with many distinct vignettes and design elements, making for a fascinating series to collect. This example with fantastic originality and color.
