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Workers Tear Down Wall In RS And Find Vault Full Of Money Forgotten For Decades

Written by Noel Budeguer
Published on 13/10/2025 at 12:33
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During The Demolition Of A Building In Carazinho (RS), Workers Found A Safe With Old Bills Of Cruzeiro And Cruzado

A small fortune was discovered during the demolition of a building in downtown Carazinho, in the north of Rio Grande do Sul. Inside an old metal safe, workers found bills of cruzeiro, cruzado, and new cruzado, currencies that circulated in Brazil between the 1970s and 1990s. Despite the significant value of the notes in the past, today they have no commercial value and only awaken historical and collector’s interest.

The find occurred on July 28, 2025, and quickly became the talk of the town. The news spread through social media, attracting curious people and historians interested in learning more about the contents of the safe. According to local residents, the place where the notes were found had housed an old business that had long since ceased operations.

Notes From Different Eras And Defunct Currencies

The discovered bills belong to three significant periods of the Brazilian economy: cruzeiro, cruzado, and new cruzado. These currencies were successively replaced until the arrival of the real in 1994, as part of an economic stabilization plan aimed at curbing hyperinflation.

Bills From Three Currencies That No Longer Circulate Commercially In Brazil Were Found At A Construction Site In RS — Photo: Reproduction/RBS TV

Due to containing bills from distinct periods, it is not possible to accurately calculate the original value that the safe held. Local scholars estimate, however, that the amount could represent a considerable sum from the 1980s or 1990s, when constant monetary changes quickly devalued the money in circulation.

Repercussion And Destination Of The Bills

The episode sparked great curiosity among the residents of Carazinho. The owner of the building, who was monitoring the demolition, claimed to be surprised upon seeing the contents of the safe. “The repercussions of the story went far. When they found the safe, a lot of people started asking what the money was, if it was real, but we quickly explained that it was worth nothing. Even so, it’s a curious story that will be kept for the collection,” said a student who witnessed the find.

The found notes should now be cataloged and preserved, and may be sold if collectors or museums show interest. For numismatic specialists, old bills like these can have historical and symbolic value, especially if they are well-preserved, as they represent an important part of the country’s economic history.

Memory Of A Time Of Changes

The case rekindles memories of the times when Brazil experienced constant currency changes, a result of decades of financial instability. The cruzeiro was adopted in 1942, followed by the cruzado in 1986 and the new cruzado in 1989. Each replacement represented attempts by the government to contain inflation and restore the purchasing power of the population.

Today, these notes have become symbols of a turbulent period in the national economy, marking the transition to the Real Plan, which finally stabilized the Brazilian currency.

Although the safe does not contain a fortune, it holds something far more valuable: a fragment of Brazil’s economic history, preserved for decades within a wall.

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Noel Budeguer

Sou jornalista argentino baseado no Rio de Janeiro, com foco em energia e geopolítica, além de tecnologia e assuntos militares. Produzo análises e reportagens com linguagem acessível, dados, contexto e visão estratégica sobre os movimentos que impactam o Brasil e o mundo. 📩 Contato: noelbudeguer@gmail.com

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