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Country: Brazil
Issuer: Central Bank of Brazil (Banco Central do Brasil)
Period: Federative Republic of Brazil (1967date)
Denomination: 100 Cruzeiros
Currency: Cruzeiro Novo (19671986)
Years of Issue: 19811984 (Second Issue)
Demonetised: 27 February 1986
Composition: Paper
Printing Technique: Offset
Size: 154 × 74 mm
Shape: Rectangular
Catalogue References:
Pick: P-198
AI Notes: C156 / C157
PMLC: 570
Numista: N#203536
Obverse:
Portrait of Duque de Caxias (Luís Alves de Lima e Silva), Marshal of the Brazilian Army
Banco Central do Brasil title
Denomination 100 in corners
Circular watermark windows on both sides
Reverse:
Detailed historic military battle scene, symbolising Brazils military heritage
Cem Cruzeiros denomination
Fine line offset printing typical of early 1980s Brazilian issues
Circulated example
Moderate to heavy folds and handling creases
Surface wear and paper softening visible
No large tears or missing sections observed
Estimated Grade: Good (G)
This example is best suited as a type collector piece, not a high-grade investment note.
Second-issue Cruzeiro notes are less common than the first issue, but still widely collected
Strong appeal to Brazilian currency specialists and world banknote collectors
Value driven primarily by type, era, and design, with condition as a secondary factor
Frequently traded on Bob Shop, eBay, and local collector forums