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5000 Reis - Miguel I Overprint on P#11 - John Prince Regent

Issuer Casa do Real Erário (Royal Treasury), Portugal
Year 1828
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Size 146 × 92 mm
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Obverse lettering LISBOA No 1799 R 10$000 rs D MIGUEL - 1828 No Real Erario se hade pagar ao Portador desta Apolice de hoje a hum Anno Cinco mil Reis Com o Seu Competente juro. Lisboa 7 de Junho de Mil Sete Centos Noventa e Nove. João José de Souza Ignácio Antonio Ribeiro
(Translation: Lisbon In the Real Erario, it was necessary to pay the Bearer of this Policy from today to one Year Five Thousand Reis With His Competent interest. Lisbon June 7, One Thousand Seven Hundred Ninety-Nine. Joaquim José de Souza Ignacio Antonio Ribeiro)
Reverse description Plain paper reverse bearing six circular royal arms validation stamps in blue-grey ink, each inscribed with a month and year of renewal ranging from 1803 to 1814 (readable dates include JANEIRO 1804, DEZEMBRO 1805, MARÇO 1806, SETEMBRO 1814, and JUNHO 1810), evidencing the note's annual renewal cycle over multiple years. A single cursive manuscript signature in brown ink — apparently reading 'Cabral' — is applied across the centre of the reverse.
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Comments

When Dom Miguel seized the throne in 1828 and declared himself absolute king, the existing stock of João VI-era notes required legitimization under the new regime. Rather than commission a fresh print run, the Real Erário applied an overprint to leftover P#11 sheets — a fiscally practical solution that also carried unmistakable political weight. The overprint effectively erased the constitutional interregnum and reasserted Miguelite authority over the currency without the delay or expense of new plates.

Surviving examples are uncommon. Miguel's reign ended in 1834 with his forced abdication, and notes associated with his government were not preserved with any particular care afterward.

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