1546

Mexico, Tesorerias de la Nacion, 10 pesos, 11-4-1823, serial 9,974, printed on papal bull, Bevill Pl

Currency:USD Category:Coins & Paper Money / Paper Money - World Currency Start Price:400.00 USD Estimated At:600.00 - 900.00 USD
Mexico, Tesorerias de la Nacion, 10 pesos, 11-4-1823, serial 9,974, printed on papal bull, Bevill Pl
SOLD
1,100.00USD+ (192.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 May 16 @ 17:36UTC-4 : AST/EDT
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Mexico, Tesorerias de la Nacion, 10 pesos, 11-4-1823, serial 9,974, printed on papal bull, Bevill Plate. Frampton-17a; Olson-17; SCWPM-6. On the Mexican Republic issues of 1823, Bevill writes, "When Mexico became a Federal Republic in 1823, the new government tried to correct the treasury mistakes made by Iturbide and restore the public trust in the government's financial management. They withdrew Iturbide's 'Empire Notes' from circulation and began to issue new notes. The new design was meant to compel the public's acceptance of the pieces by playing on their religious convictions. The money was printed on the backs of several different varieties of cancelled 'papal bulls' (an official proclamation from the Vatican). The Catholic Church originally issued the 'papal bulls' between 1784-1785." This 10-peso note is printed on an 1806-dated papal bull with a rather interesting proclamation: "Authorization of Lactose for the Kingdom of the Indies." The English translation states, "The Vicar of Christ feeling empathy for the needs of the Christian Republics and wanting to provide them with the benefits of Catholicism, conceded the right to consume eggs and dairy products during lent (except Easter week)." The bull goes on further to levy donations for such privileges that will pay for expenses when battling infidels. This large (8-1/4" x 12-1/4") note grades VF with some light stains, a few worm holes, and edge damage but overall good, intact paper quality and bold printing on both the 10 peso side and the papal bull side. Pedigreed to the James Bevill collection and plated (Fig. 3.23 and 3.24) on pages 33-34 of his book The Paper Republic (2009).