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10 000 Reis - Miguel I Overprint on P#13 - John Prince Regent

Issuer Real Erário (Royal Treasury), Portugal
Year 1828
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Value 10 000 Reis (10 000)
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Obverse lettering LISBOA No 1799 R 10$000 rs No Real Erario se hade pagar ao Portador desta Apolice de hoje a hum Anno Dez mil Reis Com o Seu Competente juro Lisboa de de Mil Sete Centos Noventa e João José de Souza Ignácio Antonio Ribeiro D Miguel I - 1828
(Translation: Lisbon In the Real Erario, it was necessary to pay the Bearer of this Policy from today to one Year Ten Thousand Reis With His Competent Lisbon interest of One Thousand Seven Hundred Ninety-eight Joaq José de Souza Ignacio Antonio Ribeiro (Stamp) D Miguel I 1828)
Reverse description The reverse is otherwise blank, bearing multiple circular renewal stamps applied in black ink throughout the note's circulation life. Each stamp incorporates the Portuguese royal coat of arms within an oval surround, with a month and year inscription running around the perimeter. At least five such stamps are visible, recording successive annual validation renewals.
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Comments

When Miguel I seized the Portuguese throne in 1828 and declared himself absolute king, the Royal Treasury needed to legitimate his reign in paper as well as proclamation. Rather than commission an entirely new print run, the Real Erário applied an overprint to existing stock of the João (John) Prince Regent notes — a practical solution that also served a political purpose, visually asserting Miguelist authority over an already-circulating monetary instrument.

The overprint methodology makes authentication tricky. Forged overprints on genuine base notes exist, and the distinction between a legitimate Miguelist stamp and a later fabrication depends heavily on ink penetration and impression depth — not characteristics legible from catalog images alone.

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