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RARE ORIGINAL FIRST BANKNOTE OF PORTUGAL MONEY 1799-20 000 REIS - Counterstamp - Dom Miguel

$245.00

From Portugal [Out of Stock]

RARE ORIGINAL FIRST BANKNOTE OF PORTUGAL DATED 1799

With bank stamps on the rear , as shown in the scans , 1800,1806,1808,1814 amongst others - Counterstamped by Supporters of tDom Miguel , second in line to the thrown .

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Some history on these notes - After King Joao VI of Portugal died in 1826 , there was a bitter war of succession between his official heir Pedro IV and his younger son Miguel 1 . It became known as the War of the Two Brothers .
Banknotes became part of this story as supporters of Pedro and Miguel took circulating banknotes and overprinted them in red with the appropriate name . These notes that they used were originally issued in the 1790´s are were the first banknotes of Portugal .

They were in circulation for over 50 years and each time they went to the bank they were stamped on the back as shown in the scans and reissued .

The note for sale is with the RED Overprint - Miguel - P31 . who eventually lost this "war" .

Additional Images. Click to enlarge.