3 Pesos Decrees of 3.9.1811 and 29.6.1813

The Real Tesorería de Puerto Rico notes were emergency fiscal instruments — Spain's colonial treasury in Puerto Rico lacked hard currency and resorted to paper obligations backed by royal decree rather than specie. The dual decree dates of 1811 and 1813 reflect successive authorizations layered onto the same emission framework, a sign of how persistently the liquidity problem resisted resolution.

Murray Draper Fairman & Co. of Philadelphia engraved the plates — an American firm supplying a Spanish colonial issuer, which was not unusual for the period given the limited engraving capacity elsewhere in the hemisphere.