1307

Puerto Rico (Spanish Department of Overseas Affairs), 1 peso compulsory "coin exchange" note, 1895.

Currency:USD Category:Coins & Paper Money / Paper Money - World Currency Start Price:240.00 USD Estimated At:300.00 - 450.00 USD
Puerto Rico (Spanish Department of Overseas Affairs), 1 peso compulsory  coin exchange  note, 1895.
All items are genuine unless noted. Most shipwreck coins and artifacts come with a certificate of authenticity (please check the description for each item).
Puerto Rico (Spanish Department of Overseas Affairs), 1 peso compulsory "coin exchange" note, 1895. Pick-7c. About 5" x 2-5/8". Printed in Madrid with a portrait of an unidentified bearded man in black with yellow background and red serial number (0992802) on front, the back showing the Spanish coat of arms in green, dated August 17, 1895, both edges wavy-cut (where the receipt-like counterfoil was partially removed and the next bill to right was cut away), XF, encapsulated by PMG as "Extremely Fine 40". Notes such as these were issued by the Spanish government in exchange for Mexican pesos, which were being imported to the island at a higher value than their face value in Mexico.