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2400 Reis - Miguel I Overprint on P#19 - John Prince Regent
| Issuer | Real Erário (Royal Treasury of Portugal) |
|---|---|
| Year | 1828 |
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| Value | Log in to see details |
| Currency | Real (1517-1835) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Lisboa Nº_____ 1807 MIGUEL I Rs. 2$400 1828 Apólice do Real Erário do valor de dois mil e quatrocentos réis e não tem vencimento de juro na conformidade do Decreto de 31 de Outubr.º de 1807. Lisboa, _ de _____ de 180_. (Translation: Royal Treasury policy worth two thousand and four hundred réis and does not bear interest in accordance with the Decree of October 31, 1807. Lisbon, _ of _____ of 1807.) |
| Reverse description | Plain paper reverse, largely blank, bearing three manuscript handwritten signatures in brown ink, applied at the lower portion of the note. The paper shows heavy fold lines consistent with circulation use, along with scattered staining. |
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| Comments |
This note exists because of a coup. When Dom Miguel declared himself absolute king in July 1828 — overthrowing the constitutional order his brother Pedro IV had established — the Royal Treasury needed to purge the regency from its circulating paper. The solution was an overprint: existing João VI-era 2400 Reis stock, already printed and in reserve, was stamped with Miguel's authority rather than reprinted from scratch. It was cheap, fast, and politically legible.
The overprint itself is the historically significant element here. Survivorship is complicated by the fact that Miguel was deposed in 1834, after which his monetary instruments were officially delegitimized — many were withdrawn and pulped during the Liberal restoration.