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6400 Reis - Pedro IV Overprint on P#12 - John Prince Regent

Issuer Real Erário (Royal Treasury), Portugal
Year 1826
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Value 6400 Réis
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Obverse lettering LISBOA No 1799 R 6$400 rs D PEDRO IV - 1826 No Real Erario se hade pagar ao Portador desta Apolice de hoje a hum Anno dous mil e quatro Centos Reis Com o Seu Competente juro. Lisboa 10 de Julho de Mil Sete Centos Noventa e Nove. Joaquim José de Souza Ignácio Antonio Ribeiro
(Translation: Lisbon In the Real Erário, it was necessary to pay the Bearer of this Bond from today to one Year Two Thousand and Four Hundred Reis With His Competent interest. Lisbon July 10, One Thousand Seven Hundred Ninety-Nine.)
Reverse description Plain paper reverse bearing multiple large circular crowned armorial control stamps of the Portuguese Royal Treasury, applied in dark ink at various positions across the surface, together with several period manuscript annotations and ink signatures serving as authentication and validation marks.
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When Dom João VI died in March 1826, his eldest surviving son Pedro was simultaneously Emperor of Brazil — a constitutional impossibility that forced an immediate succession crisis in Lisbon. Pedro abdicated the Portuguese throne in favour of his daughter Maria within months, but before doing so he issued a constitutional charter and, critically, authorised the overprinting of existing circulating notes. This note is a direct artifact of that four-month reign: the P#12 João stock was on hand, and overprinting was cheaper and faster than commissioning a new issue from scratch.

The overprint practice also meant no interruption to a currency supply already strained by post-Napoleonic fiscal disorder. Pedro IV never set foot in Portugal as its king.

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