Currency - Brazil - 100 Cruzados - Year 1987

Item code: 134/BR-3

Year	1987
Obverse	President Juscelino Kubitschek de Oliveira; electric power station and roads; Justice by Alfredo Ceschiatti.
Reverse	Palace of Dawn. The official residence of the President of Brazil.
Size	154 x 74 mm
Watermark	Juscelino Kubitschek

Obverse Description:

Juscelino Kubitschek de Oliveira 

Juscelino Kubitschek de Oliveira (September 12, 1902 – August 22, 1976), known also by his initials JK, was a prominent Brazilian politician who served as the 21st President of Brazil from 1956 to 1961. His term was marked by economic prosperity and political stability, being most known for the construction of a new capital, Brasília.

A leader who favored long-term planning and who set high goals for Brazil's future, Kubitschek is viewed inside the country as the father of modern Brazil. He stands among the politicians whose legacy is held most favorably, and was highly respected by the people.

Childhood home of Kubitschek in Diamantina, Minas Gerais.

Kubitschek was born into a poor family in Diamantina, Minas Gerais. His father, João César de Oliveira (1872–1905), who died when Juscelino was two years old, was a traveling salesman. He was raised by his mother, a schoolteacher named Júlia Kubitschek (1873–1973), of Czech origin. An excellent student, Kubitschek was trained as a medical doctor and elected to the Chamber of Deputies of Brazil from his home state in 1934.

Kubitschek's presidency was marked by a time of political optimism. He launched the "Plan of National Development", also known as the "Plano de metas (Goals' plan)", famous by the motto: "Fifty years of progress in five." He transferred the capital from Rio de Janeiro to its new location in Brasilia. Although his main project was to develop the national industry, it was with the "Goals plan", launched in 1956, that there was a greater opening of the national economy for foreign capital.

Kubitschek was succeeded by Jânio Quadros in 1961. After the military took power in 1964, Kubitschek's political rights were suspended for 10 years. He went into self-imposed exile and stayed in numerous U.S. and European cities.

He returned to Brazil in 1967, but died in a car crash in 1976, near the city of Resende in the state of Rio de Janeiro.

Reverse Description:

Palace of Dawn

The Palácio da Alvorada (Palace of Dawn) is the official residence of the President of Brazil. It is located in the national capital of Brasilia, on a peninsula at the margins of Paranoa Lake. The building was designed by Oscar Niemeyer and built between 1957 and 1958 in the modernist style. It has been the residence of every Brazilian president since Juscelino Kubitschek. The building is listed as a National Historic Heritage Site.

The Palácio da Alvorada was the first government structure built in the new federal capital. Construction began on April 3, 1957, and was completed on June 30, 1958. Niemeyer's project was based on the principles of simplicity and modernity. In 2004, First Lady Marisa Letícia directed the most extensive and historical restoration of the palace in its history. The project took two years to complete at a cost of $18.4 million dollars. 

The Palácio da Alvorada under construction between 1957 and 1958

The building has an area of 7,000 square metres (75,000 sq ft) distributed along three floors: basement, landing and second floor. Located in adjacent buildings within palace grounds are the chapel and the heliport. The basement level houses the movie theater, game room, kitchen, laundry, medical center, and the building's administration. There are 160 employees currently working at the Palace, including secretaries, assistants, waiters, cooks, doctors and security personnel. The palace complex is protected by the Presidential Guard Battalion. 

The Presidential Guard Battalion at the Palácio da Alvorada.

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