Heritage World Coin Auctions
Paper Money Signature Sale 4039 20 Oct 2022
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Brazil Caixa de Estabilizacao 100 Mil Reis 18.12.1926 Pick 109D PMG Very Fine 20. In an attempt to stabilize the currency, the Caixa de Estabilisacao was established, backing notes of the treasury in gold. These notes attempted to protect the Brazilian economy, which only lasted for a few years before the 1929 Stock Market Crash and subsequent depression led to a different economic policy being adopted. https://currency.ha.com/itm/world-currency/brazil-caixa-de-estabilizacao-100-mil-reis-18121926-pick-109d-pmg-very-fine-20/a/4039-25028.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4039-10202022 HID08706262019 © 2022 Heritage Auctions | All Rights Reserved
Estimate: 640-960 USD
Brazil Caixa de Estabilizacao 100 Mil Reis 18.12.1926 Pick 109D PMG Very Fine 20. In an attempt to stabilize the currency, the Caixa de Estabilisacao was established, backing notes of the treasury in gold. These notes attempted to protect the Brazilian economy, which only lasted for a few years before the 1929 Stock Market Crash and subsequent depression led to a different economic policy being adopted. https://currency.ha.com/itm/world-currency/brazil-caixa-de-estabilizacao-100-mil-reis-18121926-pick-109d-pmg-very-fine-20/a/4039-25028.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4039-10202022 HID08706262019 © 2022 Heritage Auctions | All Rights Reserved
Estimate: 640-960 USD