

This is a 1 Mil Reis banknote issued by Banco do Brasil in 1944, graded EF (Extremely Fine), featuring a striking portrait of Campos Salles in an ornate oval medallion on the front. The note exhibits exceptional preservation with crisp, clear printing and minimal age-related wear, showcasing the intricate engraved security features and multi-color design that characterize American Bank Note Company's high-quality production work from this era.
Common. This Pick 131A note sold actively on eBay at modest prices ranging from $1.65 to $90 USD across various condition grades, with most examples in circulated grades selling for under $60. The catalogue value of $850 for EF grade appears elevated relative to current market activity, suggesting either improved market conditions at the time of cataloging or limited recent sales data. The presence of multiple eBay sales across different conditions and the straightforward design without known short print runs indicate this was a standard issue with adequate circulation numbers.
Issued during World War II, this banknote represents Brazil's monetary system under the denomination of Mil Reis, which remained in use during the transition period before the adoption of the Cruzeiro currency in 1942-1943. The note's design featuring Campos Salles, a significant Brazilian political figure, reflects the nation's emphasis on honoring its leaders during this period of monetary reform and political consolidation.
The obverse features a portrait of Campos Salles, a prominent Brazilian statesman and former president, centered within an oval medallion surrounded by ornate scrollwork and decorative borders characteristic of high-security engraving. The portrait is rendered in black and gray tones with fine cross-hatching details. Large numeral '1' denominations appear in decorative cartouches on both left and right sides. The reverse displays the Brazilian national emblem: a five-pointed star containing a sphere with stars, encircled by laurel wreath branches symbolizing victory and honor, rendered in green, red/pink, and blue inks. The entire design employs symmetrical botanical and floral ornamentation throughout, with the numeral '1' repeated in decorative frames at the bottom center.
FRONT: 'BANCO DO BRASIL' (Bank of Brazil) / 'NA SÈDE DO BANCO DO BRASIL SE ACCÔRDO COM A LEI N.4635 A DE' (At the headquarters of Banco do Brasil in accordance with Law No. 4635 of) / 'PAGARÁ AO PORTADOR DESTA DE 8 DE JANEIRO DE 1923, A QUANTIA DE' (Will pay to the bearer of this on January 8, 1923, the amount of) / 'ESTAMPA 1A SERIE 490A' (Print 1st Series 490A) / 'Nº 060282' (Serial Number 060282) / 'CAMPOS SALLES' (Campos Salles - depicted person) / 'UM MIL REIS' (One Thousand Reis) / 'AMERICAN BANK NOTE COMPANY' (Printer). BACK: 'BANCO DO BRASIL' (Bank of Brazil) / 'ESTADOS UNIDOS DO BRASIL' (United States of Brazil) / 'AMERICAN BANK NOTE COMPANY' (Printer).
Intaglio engraving (copperplate printing) executed by the American Bank Note Company of New York, as noted on the banknote itself. The visual evidence of intricate cross-hatching, fine line work, multiple decorative layers, and precise registration of multiple colors (black, green, red/pink, and blue) confirms the use of traditional engraving techniques. The fine detail and depth of the scrollwork patterns and security features are consistent with high-quality intaglio production methods standard for this printer during the 1940s.
This note is identified as Pick 131A, representing the base variety of this denomination and series. The visual analysis shows 'ESTAMPA 1A SERIE 490A' (Print 1st Series 490A) and serial number format '060282', which are consistent with the standard 1944 issuance. No overprints or surcharges are visible on this example. The note represents a regular issue from Banco do Brasil's 1944 production, with no known major varieties affecting collector value distinguished in this Pick number designation.