MADRID. Bond of 400 Pesos. black. No 8083. Folds. The Spanish royal finances were in a disastrous state after 1815, and were reorganised from 1818. The Caja de Amortizacion replaces existing bonds with new types, with a new repayment plan. New bonds were of 100, 200 & 400 pesos (& perhaps highervalues, not known to us). They were all printed from copper-plates, engraved by A. ARROYO. This piece, the 400 peso, has an elegant border of leaves and horns and the royal coat-of-arms of Spain.
Themes: BANKS & FINANCE, BEFORE 1800, CITY & STATE BONDS
Date: 1 May 1824
Startprice: € 200