Brazil 1992 500 cruzeiros

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from the Mountain Groan Collection
Brazil 1992 500 cruzeiros rev DSLR.jpg

This type was struck in 1992-93. It represents the second cruzado of 1989-91 (= 1,000 first cruzados = 1,000,000 second cruzeiros) which was renamed the third cruzeiro in 1990. The obverse depicts the loggerhead turtle (Caretta caretta). Brazil endured currency reforms in 1942, 1967, 1986, 1989, 1990, 1993 and 1994. Wikipedia comments, "Combined with all previous currency changes in the country's history, this reform [of 1994] made the new real equal to 2.75 × 1018 (2.75 quintillion) of Brazil's original réis."

Recorded mintage: 250,000,000.

Specification: 2.66 g, stainless steel, 19 mm diameter.

Catalog reference: KM 624.

Source:

  • Amato, Claudio, and Irlei S. Neves, Livro das Moedas do Brasil, 14a ed. Sao Paulo, 2015.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.

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