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2400 Reis - Miguel I Overprint on P#19 - John Prince Regent

Emittent Real Erário (Royal Treasury of Portugal)
Jahr 1828
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Nennwert 1/2 Moeda = 2400 Réis
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Vorderseitenbeschreibung Central vignette of a helmeted warrior figure with a lion above, the composition flanked by foliate branches and the Portuguese royal arms, with ornamental designs along the upper and left margins. Below the allegorical vignette, the text body carries the apólice inscription with manuscript spaces for date and number, along with manuscript signatures. A red revalidation stamp bearing the Royal Crown, the name MIGUEL I, and the date 1828 is applied in the center above the text.
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Rückseitenbeschreibung 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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Anmerkungen

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fact that Miguel was deposed in 1834, after which his monetary instruments were officially delegitimized — many were withdrawn and pulped during the Liberal restoration.

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