Banknote Billet Spain 200 pesos fuertes 1837

Remarks:

1 traces d'usure en haut et plis

The Royal Treasury Bond ? Series A ? No. 869 is a Spanish note issued in 1837, with a face value of 200 pesos fuertes, equivalent to 20 reales vellon. This fiduciary document belongs to a pivotal period in Spanish monetary history, marked by profound financial and political reforms under the reign of Isabella II, who was still a minor at the time, and during the regency of Maria Christina of Bourbon.

Royal Treasury bonds were instruments of public debt issued by the Spanish State to meet the financing needs of the Royal Treasury. The Series A to which this specimen belongs represents one of the first series of this issue, giving this number a particular place within the official classification.

The identification number 869 is unique to this copy and allowed for precise traceability of securities in circulation at the time. The dual designation of the face value ? in pesos fuertes and reales vellon ? reflects the coexistence of several monetary units in use in Spain during this transitional period, prior to the country's gradual monetary unification.

This type of document is today of considerable interest to collectors specialising in antique paper money and the financial history of the Iberian Peninsula. Its preservation and authenticity make it a direct testimony to the financial practices of 19th-century Spain, in a context of economic tensions linked in particular to the Carlist Wars that were shaking the country at the time.