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8 Reales

Issuer Banco de Venezuela
Year 1862
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Shape Rectangular
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Obverse description Plain uncoloured note printed in dark brown ink on cream paper, with a letterpress typeset design within a simple rectangular border. The issuer's name BANCO DE VENEZUELA and the subtitle Emision de la Junta de Recursos appear at the top in bold display type, flanked on each side by the denomination numeral 8 above the word Reales. The body of the note carries a dense block of Spanish-language text specifying the terms of issue dated Acuerdo de 24 de Febrero de 1862, below which appear the handwritten signatures of the Gobernador-Presidente de la Junta and the two Administradores del Ramo de Emision, with the issuance place and date Caracas, 1° Marzo de 1862 printed in the lower text area.
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Signature(s) Miguel Mujica (Gobernador-Presidente de la Junta) and Castiño and Arroame (Administradores del Ramo de Emision)
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Comments

Banco de Venezuela was granted its charter in 1861, making this 1862 note among the very earliest emissions of the republic's first formally chartered commercial bank. The 8 reales denomination is a telling detail — Venezuela was still operating on the colonial real system at this point, nearly four decades after independence, and would not fully convert to the decimal bolívar until 1879.

Three manuscript signatures authenticate each note individually, an arrangement that reflects the bank's administrative structure under a governing junta rather than a conventional directorate. The signature of the Gobernador-Presidente alongside two Administradores del Ramo de Emisión was the control mechanism, not mere formality.

Survival rate for this issue is extremely low — the bank itself suspended operations within a few years amid Venezuela's chronic political instability of the 1860s.

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