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Description

Brazil Thesouro do Estado de Sao Paulo 5 Mil Reis 1932 Pick S861b
As an agrarian economy heavily reliant on exports to western nations (mostly coffee), Brazil was severely affected by the Great Depression as well. These local notes, issued by the state governments, acted as a type of public spending in order to stimulate the economy. PCGS Apparent Fine 12, split with tape repair, edge tears and minor damage.
From The Ruth W. Hill Collection


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Auction Info

Auction Dates
September, 2014
4th-8th Thursday-Monday
Bids + Registered Phone Bidders: 3
Lot Tracking Activity: N/A
Page Views: 382

Buyer's Premium per Lot:
17.5% of the successful bid per lot.

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Sold on Sep 8, 2014 for: $20.00
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