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4 Reales Bolivianos
| Issuer | Miguel Lanieri, Victoria |
|---|---|
| Year | 1871 |
| Type | Local banknote |
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| Obverse description | Single-colour letterpress note with a dense border of repeated numeral '4' and guilloche ornaments. At left, a circular vignette contains a portrait of a woman; at centre, a rectangular vignette shows a steam-powered paddle vessel under sail. The large numeral '4' appears at right, set within an ornamental panel, with the denomination legend CUATRO REALES BOLIVIANOS across the upper field and the bearer clause AL PORTADOR Y A LA VISTA below the central vignette. |
|---|---|
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| Reverse description | Uniface back printed in blue-grey, with two large circular medallions bearing the numeral '4' flanking a central oval stamp impression. The issuer's name MIGUEL LANIERI arcs across the upper portion, and the town name VICTORIA is set in large capitals along the lower field, all within a fine geometric guilloche border. |
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| Comments |
Miguel Lanieri operated as a private merchant-issuer in Victoria, a small commercial town in Entre Ríos province, Argentina — not in Bolivia, despite the denomination. The "reales bolivianos" unit was still in informal circulation across the Río de la Plata region in the early 1870s, used by local traders long after the formal monetary reforms that had nominally replaced it, simply because the public recognized it.
Provincial private issues of this type were technically illegal under Argentine federal law by 1871, but enforcement was slow and uneven outside Buenos Aires. Many such notes were repudiated by their issuers within a few years, leaving holders with worthless paper and no legal recourse.