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20 Pesos overprinted on 1 Peso Nominal / 40 Centavos Fuertes
| Issuer | Consejo Administrativo / Cámara de Comercio, Dominican Republic |
|---|---|
| Year | 1853 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | P#6 |
| Obverse description | Black letterpress on white paper with red-orange handstamp. A farmer vignette at left, the Dominican Republic coat of arms at upper centre flanked by denomination panels within guilloche borders, a large numeral 1 stamp at centre, and the printer's imprint at lower right. Date and two manuscript signatures appear at bottom centre. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Black letterpress. Manuscript serial number at top, congressional decree text at centre authorising circulation as 20 pesos nacionales, a circular administrative handstamp, and two manuscript signatures at bottom. |
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| Comments |
The Dominican Republic's early paper currency was plagued by chronic redemption failures, and this note captures that dysfunction in its printed face value alone. The overprint converting a 1 Peso Nominal denomination into 20 Pesos reflects one of the successive devaluations the young republic imposed as its paper money collapsed against hard currency in the early 1850s. The Cámara de Comercio's involvement signals that this was a quasi-commercial emergency instrument rather than orthodox state issue.
Durand, Baldwin & Co. of New York handled the original printing before political and monetary conditions rendered the face values obsolete almost immediately after delivery.