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2 Gourdes Treasury bond

Issuer République d'Haiti (Treasury)
Year 1915
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Value 2 Gourdes (2 HTG)
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Obverse lettering LIBERTÉ — EGALITÉ — FRATERNITÉ
RÉPUBLIQUE D'HAITI
SÉRIE AA
BON DU TRÉSOR
DEUX GOURDES
Emis en vertu de l'Arrêté du 22 Janvier 1915, Remboursable par la moitié des droits de douane disponibles or et gourdes, et par l'émission autorisée par la loi du 22 Décembre 1914.
LE DÉLÉGUÉ DES FINANCES
LE DÉLÉGUÉ DU COMMERCE
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Reverse lettering LA LOI PUNIT
DE MORT
LE CONTREFACTEUR
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Haiti's Treasury bonds of 1915 were issued under extreme fiscal pressure — the country was functionally insolvent, its customs revenues pledged to foreign creditors, and the U.S. military occupation began that same year in July. These circulating bonds were a stopgap, not a conventional banknote issue, reflecting the collapse of normal monetary administration rather than any planned currency reform.

The Pick 128 series is rarely encountered in any condition. Most examples that survived did so outside Haiti, likely removed by American personnel or held by foreign merchants who had reason to preserve rather than spend them.