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1 Moeda = 4.800 Reis
| Issuer | Banco de Lisboa |
|---|---|
| Year | 1837 |
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| Currency | Real (1430-1911) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | COBRE OU BRONZE Banco de Lisboa Na Thesouraria do Banco de Lisboa se pagará a vista ao Portador desta, a quantia de QUATRO MIL E OITOCENTOS REIS, em moeda de cobre ou bronze. Lisboa 5 de Setembro de 1837 Uma N.º 2290 |
| Reverse description | The reverse is entirely unprinted, leaving plain aged paper with visible fold lines and show-through of the obverse letterpress impression. A large diagonal cancellation cross in brown ink traverses the full surface, consistent with demonetization or reimbursement cancellation practice. |
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| Comments |
The Banco de Lisboa was Portugal's first joint-stock bank, established in 1821 with note-issuing privileges that predated any central banking framework in the country. By 1837 it was operating under mounting political pressure — the Liberal Wars had only recently concluded, and the Portuguese financial system was in serious disorder. This note's denomination, expressed in the transitional moeda/reis equivalence, reflects exactly that instability: the moeda was an accounting unit, not a circulating coin, and quoting it alongside reis was a hedge against a public that didn't fully trust either.
The Banco de Lisboa lost its monopoly on note issue in 1846 when it was merged with the Companhia Confiança Nacional to form the Banco de Portugal. Survivors from the 1837 series are correspondingly rare.