Brazil 1947 50 centavos

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from the Mountain Groan Collection
Brazil 1947 50 centavos rev DSLR.jpg

In 1942, during the presidency of Getulio Vargas, the réis was dropped as a unit of currency after 400 years and the cruziero adopted. To mark the occasion, all new coins were released with the ten, twenty and fifty centavos featuring the bust of Vargas. The issues of 1942-43 are copper-nickel but later issues of 1943-47 are aluminum bronze. After Vargas' ouster, his portrait was dropped and figures of famous (and safely dead) Brazilians substituted. The cruziero itself survived only until 1967, the victim of uncontrolled inflation. This coin is very common but the collector will have to sift thru many junk boxes before finding a nice unspotted specimen.

Recorded mintage: 23,588,000 (final date).

Specification: aluminum bronze, 21 mm diameter.

Catalog reference: KM 577a.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1901-2000, 42nd ed., Iola, WI: Krause Publications, 2014.
  • Pimentel, Alvaro Mendes, Catálogo de Moedas Brasileiras de 1643 a 1962, 9a Ed., Rio de Janeiro, 1962.

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