20 Pesos

The Tesoro Nacional de la República Dominicana began issuing paper currency in 1848 under acute fiscal pressure — the young republic, independent from Haiti only since 1844, had no functioning central bank and no hard currency reserves to speak of. These notes were essentially government drafts backed by little more than political will, issued to pay soldiers and civil servants during a period of near-constant military threat from Haitian forces to the west.

Pick 6 is among the earliest documented Dominican paper issues, making surviving examples genuinely rare. The Dominican treasury of this period kept poor records, and many notes were redeemed, cancelled, or simply lost in the disorder of the 1850s.