Brazil. 1 x 1316.50 pesetas 1926

This splendid antique bill of exchange is a "Segunda de Cambio" (Commercial bill of exchange) issued in Jerez de la Frontera (Spain) on August 20, 1895. The document boasts an extraordinary engraved header from the renowned wine firm "Gutiérrez Hermanos", famous historical producer of Sherry wine (Jerez) and Brandy. The form features a detailed central engraving showing the interior of the majestic historic cellars rich with casks (the traditional bodegas).
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# Description and analysis of the document

* The Financial Transaction: The bill orders the payment of the substantial sum of 2,102.25 pesetas ("Por Ptas 2102.25"). The amount is payable to the order of the "Sres. J. Navallas y C.ª", a noted export trading firm.
* International Context: The title is addressed to Cucuta, Colombia (indicated at the bottom left: "A la Sra. Micaela C. de Olave, Cucuta - Rep. de Colombia"), highlighting the tight commercial routes of Andalusian wine towards South America at the end of the nineteenth century.
* Marks and Stamps: On the right stands a beautiful blue-ink oval stamp of the recipient firm "J. Navallas y C.ª - Jerez de la Frontera", bearing internal registry number 251813. At the bottom left is the elaborate handwritten signature in brown ink of the Gutiérrez brothers.
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# Important Figures and industrial context

1. Gutiérrez Hermanos: Founded in the 19th century in Jerez, it was one of the most awarded and prominent wineries in Andalusia. The header proudly boasts the medals won at major exhibitions of the era: the Exposición Veracruzana of 1892 and the Primera Exposición Industrial de Querétaro of 1882 in Mexico, evidencing their strong ties to the American market.
2. J. Navallas y C.ª: An important consortium of commercial intermediaries based in Jerez that managed transatlantic shipments of luxury spirits.
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# Assessment of commercial value
Financial documents from the late 19th century connected to the history of wine, historic cellars, and liquor export are among the most sought after in scripophily and paper collecting (ephemera). The condition is excellent; the paper shows its natural patina of time without extensive tears, although small signs of oxidation (rust) from old metal pins on the left side are noticeable.

* Estimated value of the document: Ranges from €50 to €90.
* Premium elements: The exceptional engraving of the Jerez cellar, the Colombian destination of the route, and the integrity of the commercial stamps make this piece a splendid collectible testament.
AI description help
Excellent historical value for scripophily
They are stored in PVC A4 sleeves.
Good preservation. See the image for an accurate impression
Shipped with Registered Mail including tracking and protective packaging."