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10 000 Reis - Miguel I Overprint on P#2 - John Prince Regent

Issuer Real Erário (Royal Treasury), Portugal
Year 1828
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Size 146 × 92 mm
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Obverse description Brown letterpress print on cream paper with octagonal vignettes across the top border containing barrels, an animal, and soldiers in a continuous frieze. The body carries a handwritten serial number and the full text of the apólice obligation in period script. A red starburst overprint reading 'D. MIGUEL I - 1828' with a royal crown validates the note for circulation under King Miguel I.
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Signature(s) João José de Souza and Ignácio Antonio Ribeiro
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Comments

When Miguel I seized the Portuguese throne in 1828 and declared himself absolute monarch, the new regime needed to assert control over circulating paper currency without the expense or delay of commissioning entirely new plates. The solution was a handstamp overprint applied to existing João (John) Prince Regent stock — P#2 — converting notes issued under a constitutional predecessor into instruments of Miguelite authority. It was a political act as much as a monetary one.

The two signatures present — Souza and Ribeiro — belong to treasury officials who served under Miguel's administration, replacing the earlier signatories rather than retaining them. Forged or fraudulently overprinted examples of this type are documented; the handstamp itself was not difficult to replicate.

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