Brazil 1943 10 centavos

from the Mountain Groan Collection

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 (the year 1943 featured both). 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.

Recorded mintage: 13,565,000 (copper-nickel and aluminum bronze).

Specification: aluminum bronze, 17.2 mm diameter.

Catalog reference: KM 555a.1.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
• Pimentel, Alvaro Mendes, Catálogo de Moedas Brasileiras de 1643 a 1962, 9a Ed., Rio de Janeiro, 1962.

Link to:

• 1942 300 réis
• 1945 20 centavos
• 1944 50 centavos
• Coins and currency dated 1943
• return to coins of Brazil