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3 Pesos Decrees of 3.9.1811 and 29.6.1813
| Issuer | Tesorería Nacional de Puerto Rico |
|---|---|
| Year | 1814 |
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| Currency | Peso (1890-1900) |
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| Obverse description | Uniface note printed in black on plain paper, vertical format. The upper portion bears the handwritten serial number, the denomination TRES PESOS in large letterpress type, and the royal legend REYNADO DEL SR. D. FERNANDO VII., followed by the year AÑO DE M.DCCCXIV. and the inscription TERCERO DE LA CONSTITUCION. The main text block contains the obligation clause of the Tesorería Nacional de Puerto Rico, citing the authorizing decrees of 3 September 1811 and 23 June 1813, with a central ornamental cut-out panel framed by a simple ruled border. |
|---|---|
| Obverse lettering | Numero TRES PESOS. REYNADO Del Sr. D. FERNANDO VII. AÑO DE M.DCCCXIV. TERCERO DE LA CONSTITUCION. La Tesorería Nacional de Puerto-Rico pagará al portador de este billete TRES PESOS, en moneda metálica, á su equivalente en efectos de intrínseco valor, sobre la autoridad infalible de la fe publica afianzada en el artículo 353 de la Constitución en el Decreto Soberano de 3 de Septiembre de 1811, y en la Orden de la Regencia del reyno de 23 de Junio de 1813. |
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| Comments |
Puerto Rico's Tesorería Nacional issued this note under a dual-decree authority that was itself a product of imperial improvisation. The decrees of 1811 and 1813 authorizing paper currency in Puerto Rico were responses to a chronic coin shortage on the island — hard currency was perpetually drained toward peninsular Spain or absorbed by military expenditure, leaving local commerce starved of a circulating medium.
The series to which this belongs is among the earliest paper money issued in Puerto Rico, and surviving examples in any condition are genuinely rare. Redemption rates were poor, hoarding was common, and the political instability of the Napoleonic period meant institutional continuity for the Tesorería was never guaranteed.
Pick lists only a handful of confirmed survivors across the entire P#1–P#4 series.