Banknote Billet Spain 200 pesos fuertes 1837

Remarks:

Plis et 1 tâche

The Royal Treasury Bond is a financial instrument issued by the Spanish State in 1837, belonging to Series A. This document, bearing serial number 876, represents a face value of 200 pesos fuertes, equivalent to 20 reales vellon, the monetary unit then in circulation in 19th-century Spain.

This type of Treasury bond belongs to a particularly turbulent historical context for Spain, marked by the Carlist Wars and the chronic financial difficulties of the Spanish Crown. These public debt instruments were issued to meet the State's urgent financing needs and constituted an official acknowledgement of debt towards their holders.

The document presents the typical characteristics of official financial securities of the era, with an explicit mention of its royal nature, attesting to its issuance under the authority of the Spanish Crown. The denomination in pesos fuertes reflects the hybrid monetary system then in force, in which several units of account coexisted, the peso fuerte being an important reference in Spanish commercial and financial exchanges of this period.

Series A, to which this bond belongs, suggests that it was part of a structured issuance organised into several distinct series, a common practice in the management of public loans in the 19th century. The individual numbering, here number 876, ensured the traceability of each security and helped prevent counterfeiting, a recurring problem at a time when secure printing techniques were still limited.

This type of document today constitutes a valuable testimony to the economic and financial history of Spain during the first half of the 19th century, illustrating the public financing mechanisms characteristic of this period of political and institutional transition.