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| Issuer | Real Erário (Royal Treasury of Portugal) |
|---|---|
| Year | 1826 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | LISBOA No 1798 R 5$000 rs D PEDRO IV - 1826 No Real Erario se hade pagar ao Portador desta Apolice de hoje a hum Anno Cinco mil Reis Com o Seu Competente juro. Lisboa 2 de Março de Mil Sete Centos Noventa e Nove. Joaquim 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 March 2, One Thousand Seven Hundred Ninety-Nine.) |
| Reverse description | Plain unprinted verso bearing multiple circular fiscal validation stamps in black ink, dated across different years (including 1800, 1805, 1814, and 1804), each incorporating a crowned royal arms vignette within a guilloche border. Several manuscript annotations and handwritten signatures appear alongside the stamps, recording successive renewals or administrative endorsements of the note during its circulation period. |
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| Comments |
This note belongs to one of the more administratively awkward moments in Portuguese monetary history. When Pedro IV abdicated the Portuguese throne in 1826 in favor of his daughter Maria, the existing stock of notes bearing the image of João as Prince Regent was simply overprinted rather than replaced — a fiscal shortcut that reflected both the speed of the transition and the Real Erário's reluctance to commit to an expensive new printing run during a period of profound dynastic uncertainty.
The overprint practice on earlier João VI-era stock makes clean, unaltered examples of P#10 increasingly difficult to attribute with confidence, as some circulated in both states.