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| 正面描述 | Single-sided local issue printed in purple-grey on cream paper, with a guilloche border of repeated numeral '4' ornaments framing the design. A central vignette of a bull's head is flanked to the right by a vignette of a sailing vessel; the denomination legend 'CUATRO REALES BOLIVIANOS' is set in bold letterpress, with the bearer clause 'AL PORTADOR Y Á LA VISTA' below. The place and date of issue, 'VICTORIA, NOVre 1o DE 1871', appear in a cartouche at the foot, above which a manuscript signature is present. |
|---|---|
| 正面铭文 | CUATRO REALES VALE POR CUATRO REALES BOLIVIANOS AL PORTADOR Y Á LA VISTA VICTORIA, NOVre 1o DE 1871 |
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Miguel Lanieri operated as a private merchant-banker in Bolivia during the early 1870s, a period when the state's monetary infrastructure was thin enough that private individuals could — and did — issue circulating paper obligations. These quasi-commercial notes functioned as promissory instruments rather than banknotes in any formal sense, backed by the issuer's personal credit rather than any institutional reserve.
The "Victoria" designation likely refers to a commercial house or hacienda rather than a town of that name. PS#1982 in the Pick Specialized catalog places this squarely in the Bolivian private issue series — a category where surviving examples are genuinely rare, since most such obligations were redeemed, cancelled, or simply lost when the issuing merchant's affairs concluded.