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Dallas Signature Currency Sale 4029  30 Apr 2021
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Lot 28219

Estimate: 4000 USD
Price realized: 13 000 USD
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World Currency
Dominican Republic Province of Santo Domingo 25 Pesos Fuertes 1.5.1864 Pick UNL Printer Essay Specimen PMG Choice Uncirculated 64 Net. Columbus landed on the island that is now partly the Dominican Republic in late 1492. He named it La Española, bringing the island under Spanish rule for the next few hundred years. The late 18th and early 20th centuries saw the capital of Santo Domingo pass between French and Spanish administration, until former Lieutenant Governor José Núñez de Cáceres declared independence from Spain in 1821. The declaration was short lived, resulting in the entire island coming under Haitian rule. The Dominican War for Independence from Haitian rule lasted from 1844-1856, with the new government recognized as Santo Domingo. In 1861, President and military leader, Pedro Santana, entered into a pact with Spain to return Santo Domingo to a colony, largely for economic reasons. It was during this period of renewed Spanish Colonial rule that the banknote on offer was issued, with the Spanish Coat of Arms as its central design element. Forces still seeking freedom in Santo Domingo sought help from the United States. With the end of the Civil War, the United States was an army force capable of taking on the Spanish. Queen Isabella II, annulled the annexation of the colony in 1865, out of fear of US intervention, which shortly thereafter came to pass. By 1869, President Ulysses S. Grant ordered troops to the island to help protect trade interests against renewed pirate activity in the region. Dominican Republic banknotes and other financial instruments are quite popular among collectors, with most of the older issues being challenging to obtain. This mid-1800s issue is certainly seldom seen and missing from most Caribbean collections. The Province of Santo Domingo, as seen on this note, was the title of the Dominican colony under Spanish Rule. We are not aware of any circulating examples extant, making this Specimen, the only collectible form of note from the last vestiges of Spanish rule on the island. All details on the front are vivid and clear. Staining on the back does little to negatively impact the overall visual appeal. We have not offered any denomination from this series in the past. Interesting and assuredly very rare. https://currency.ha.com/itm/world-currency/dominican-republic-province-of-santo-domingo-25-pesos-fuertes-151864-pick-unl-printer-essay-specimen-pmg-choice/a/4029-28219.s?type=CoinArchivesCurrency4029 HID08706262019 © 2020 Heritage Auctions | All Rights Reserved

Estimate: 4000-6000 USD
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