Catalog
10 Pesos
| Issuer | República de Venezuela |
|---|---|
| Year | 1860 |
| Type | Log in to see details |
| Value | 10 Pesos |
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| Obverse description | Plain typeset note on pale paper with an ornate engraved border of scrollwork and corner flourishes. The upper centre carries the bold legend REPUBLICA DE VENEZUELA and the decree reference Decreto del Poder Ejecutivo de 2 de Agosto de 1860, with the denomination $10 repeated in the upper left and right corners and the value $1.000.000 centred below the heading. The lower portion contains the authorising text in small letterpress type, below which two manuscript signatures appear — one for El Secretario de Hacienda and one for El Contador General — alongside an oval official cancellation stamp at the lower left reading Banco de Yaracuy. |
|---|---|
| Obverse lettering | REPUBLICA DE VENEZUELA Decreto del Poder Ejecutivo de 2 de Agosto de 1860 $1.000.000 $10 El Secretario de Hacienda El Contador General Banco de Yaracuy |
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| Comments |
Venezuela's pre-federal period banking infrastructure was essentially nonexistent in 1860, and the República issued these notes under considerable fiscal strain — the country was still recovering from the Federal War, which erupted that same year and would grind on until 1863. Whether notes of this emission actually reached meaningful circulation during active hostilities is doubtful; wartime hoarding and destruction account for the extreme scarcity of surviving examples across the entire early Venezuelan paper series.
Pick 21 is among the rarest catalogued Venezuelan issues of the nineteenth century. Authentication is the primary concern with any example that surfaces.