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South American Paper Money

South American paper money is largely derived from the currencies of the colonial powers that dominate much of modern South American history. For example, Brazil uses the real, which was a currency unit used by the Portuguese from 1430 to 1911.

Brazil's first banknotes were created by the General Diamond Administration in the late 18th century as a way to reimburse prospectors. After this period, Brazilian banknotes were issued intermittently by various provincial governments and private banks. There were also periodic issues by regional governments. The fractured nature of Brazilian paper currency makes it an attractive collectible.

Brazil's real is not the only South American currency with collectible variations throughout history. In fact, currencies with many changes are typical... Read more

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