More Ladies Join the Notaphilic Harem

[Scottishmoney]

The vignette of the young lady on this 1926 series of banknotes issued by Caixa de Estabilizacao "Stabilisation Bank" is titled "Reverie" and her image appeared as the central portrait on all of the notes from this series. The Brazilian Reis currency had been in circulation as a unit since 1790, during the era of Portuguese rule. Brazil would subsequently become an empire independent of Portugal and thence a republic in 1889, after which the currency sharply devalued. By the time this note was issued it was worth approximately 80 US cents, and was backed by redemption in gold. Of course as with all paper money - eventually it lost value, with the adoption of the Cruzeiro currency in 1942 and the final demonetisation of the Reis currency in 1955. Since that time Brazil has gone through numerous currency re-valuations where previous currencies quickly lose all value and are called in and replaced.

The currency reform in Germany was brought on by inflation of the old Reichsmark and the need to provide Germany with a stable currency. By 1948 relations betwixt the western powers and the Soviet Union had broken down to the point at which the Soviets were not even included in the planning for the introduction of the new Deutschmark denominated currency beginning in 1948. Curiously the new currency order was initiated on Sunday 20 June by Ludwig Erhard, Director of Economics in the Western Zones of Germany - he chose this day as he was sure the Western Powers(USA, Britain and France) could not countermand his order. Despite his heavy handed step towards German financial independence he succeeded.

The sheer volume of currency being exchanged for the old Reichsmarks necessitated currency coming in from multiple sources, German printers, Banque de France and from America the American Banknote Company and Tudor Press. This 20DM note was printed by American Banknote Company but does not bear their imprint. The vignette is proprietary to this note and is symbolic of industry - with the ubiquitous beehive and the factory in the background. These 1948 dated notes symbolised the nascent rebirth of the German economy - the bold decision by Ludwig Erhard initiated the phenomenal growth in the German economy that would result in Germany rejoining Europe as an economic powerhouse.

[coinsarefun]

Beautiful
I REALLY wish our coinage was HALF as nice

[BCNumismatics]

Check out these 2 Canadian 25 Cents 'Shinplasters' dated 1900 & 1923.

The 1923 one is one that seldomly turns up at all these days.

Please let me know what you think.

Aidan.