Portugal 1799 — Real Erario 20000 Reis Apólice, Original Issue, No Overprint, Lisboa No. 37723
A Portuguese royal-era public debt instrument issued in Lisboa in 1799 under the authority of the Real Erario, denominated 20000 reis and payable to bearer. This document is an apólice, a formal treasury obligation representing state-backed debt issued during a period of administrative continuity in late eighteenth-century Portugal, prior to the political and fiscal disruptions of the nineteenth century. This example belongs to the original issue phase of Portuguese treasury apólices and predates the period commonly associated with the War of the Brothers. ... Read more →