See full images - free registration
Continue with Google - no registration! or register with email

Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!

20 Pesos Sociedad de Fomento Territorial

Issuer Sociedad Fomento Territorial
Year 1868
Type Log in to see details
Value Log in to see details
Currency Peso (1863-1975)
Composition Log in to see details
Size Log in to see details
Shape Log in to see details
Printer Log in to see details
Designer(s) Log in to see details
Engraver(s) Log in to see details
In circulation to Log in to see details
Reference(s) Log in to see details
Obverse description At left, a classical allegorical female vignette stands holding a torch aloft, surrounded by symbols of commerce and agriculture including an open ledger, a map scroll inscribed with regional place names, and floral motifs, all rendered in fine letterpress intaglio-style engraving in black. The issuer title 'SOCIEDAD FOMENTO TERRITORIAL' and subtitle 'Titulo al portador' appear in bold display lettering across the upper portion, flanked by ornamental guilloche work, with hand-numbered serial and denomination panels below. The central text body, printed in black letterpress over a large red 'VEINTE PESOS' underprint, sets out the bearer bond terms dated Montevideo, 1 June 1868, with signature lines for 'El Contador' and 'El Presidente' at foot.
Obverse lettering Sociedad Fomento Territorial Titulo al portador Nº ____ Valor 20$ La Sociedad Fomento Territorial pagará al portador sobre el presente valor de VEINTE Pesos el interés de UNO por ciento mensual pagadero por trimestres vencidos. Este documento será recibido por su valor escrito é intereses devengados como dinero efectivo por toda obligación que esta Sociedad tuviese á su favor. Montevideo 1° de Junio 1868 El Contador El Presidente Lit. A. Hequet y Cohas Hros.
(Translation: Territorial Promotion Society Bearer bond. #____ Value $20 The Territorial Promotion Society will pay to the bearer over this value of twenty Pesos, interest of one per cent monthly, payable each overdue quarter. This document will be accepted for its face value plus interests overdue as cash money for every obligation that this Society should have in their favor. Montevideo June 1, 1868 The Accountant The President Lith. A. Hequet y Cohas Heirs.)
Reverse description Log in to see details
Reverse lettering Log in to see details
Signature(s) Log in to see details
Protection type Log in to see details
Protection description Log in to see details
Variants Log in to see details
Comments

The Sociedad de Fomento Territorial was a Uruguayan mortgage lending institution, and its circulating notes occupied a peculiar legal space — technically private paper, but widely accepted in commerce during a period when the Banco de la República did not yet exist and no single authority controlled currency issuance. Uruguay's monetary environment in the 1860s was genuinely fragmented, with multiple private and quasi-official entities emitting paper that competed for public confidence.

Litografía A. Hequet y Cohas was a Montevideo press, making this a domestically produced note at a time when most South American issuers of any ambition sent their work to London or Paris. The watermarked paper suggests an imported sheet stock, almost certainly sourced from a European mill.

YOU MAY ALSO LIKE