Spain. 79,15 pesetas 1906

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Estimate  € 150 - € 200
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A 1906 commercial document from the Banco Español del Río de la Plata, valued at 79.15 pesetas and ungraded.

AI-assisted summary

Description from the seller

This splendid antique document is a historical "Primera de Cambio" (bill of exchange) issued by the Mendoza branch of the Banco Español del Río de la Plata (Argentina) on July 22, 1916. It is a very important piece of financial and banking history (scripophily) linked to the transatlantic trade and migration routes between Argentina and Spain at the beginning of the twentieth century.

#Description and analysis of the document

* The Issuing Institution: The Banco Español del Río de la Plata was one of the largest financial institutions in Latin America, founded in Buenos Aires in 1886 to manage remittances and capital of the vast community of Spanish immigrants.

* The Transaction Content: The security, bearing serial number 520, orders payment "on sight" of the amount of One Hundred Pesetas (100 pesetas, the old Spanish currency) in favor of Doña Manuela Sanjurjo Valle.

* The Value Received: The payment is made in consideration of the value received from "La Viuda e hijos de Alvaro Guira" (the widow and children of Alvaro Guira), indicating a transaction of a family or commercial nature connected to an inheritance or a protected remittance.

* Foreign Correspondence: On the left margin there is a red stamp indicating the bank of backing for collection in Spain: Banco Español del Río de la Plata located at Alcalá 23 in Madrid and at the branch in [La Coruña] (Galicia, the region from which the vast majority of migrants to Argentina originated).

* Signatures and Endorsement: The front shows the autograph signatures of the directors and cashiers of the Mendoza branch of the era. The back of the letter (second and third photos) shows the endorser’s signature for receipt ("Recibí") by an intermediary or final beneficiary, Mr. Marino Miranda.

1. The company "Viuda e hijos de Alvaro": Represents the typical model of a family business or patrimonial succession from the early century, common in Argentine provinces rich in vineyards and commerce such as Mendoza.
2. The Kraft, Buenos Aires typography: The title reads at the top center "Guillermo Kraft, Buenos Aires". This is the signature of one of the most prestigious printing and engraving houses in Argentina, renowned for the artistic quality of its watermarks, sepia-toned decorative borders, and emblems that protected credit titles from counterfeiting.

In the collectible papermarket of old-time scripophily and postal history, this document presents itself in excellent preservation, with intact paper, unmutilated edges, and sharp, non-faded calligraphic inks.

* Price-determining factors: The combination of the internal Argentine branch ([Mendoza]), the double destination stamps in Spain (Madrid/La Coruña), and the presence of Kraft’s typographic mark make the item highly attractive to collectors of Hispanic-American banking history.

IA help description

Excellent historical value of Scripophily
They are stored in PVC A4 envelopes.
Good condition. See the image for a proper impression
Ships with registered mail and tracking included and protected packaging.

This splendid antique document is a historical "Primera de Cambio" (bill of exchange) issued by the Mendoza branch of the Banco Español del Río de la Plata (Argentina) on July 22, 1916. It is a very important piece of financial and banking history (scripophily) linked to the transatlantic trade and migration routes between Argentina and Spain at the beginning of the twentieth century.

#Description and analysis of the document

* The Issuing Institution: The Banco Español del Río de la Plata was one of the largest financial institutions in Latin America, founded in Buenos Aires in 1886 to manage remittances and capital of the vast community of Spanish immigrants.

* The Transaction Content: The security, bearing serial number 520, orders payment "on sight" of the amount of One Hundred Pesetas (100 pesetas, the old Spanish currency) in favor of Doña Manuela Sanjurjo Valle.

* The Value Received: The payment is made in consideration of the value received from "La Viuda e hijos de Alvaro Guira" (the widow and children of Alvaro Guira), indicating a transaction of a family or commercial nature connected to an inheritance or a protected remittance.

* Foreign Correspondence: On the left margin there is a red stamp indicating the bank of backing for collection in Spain: Banco Español del Río de la Plata located at Alcalá 23 in Madrid and at the branch in [La Coruña] (Galicia, the region from which the vast majority of migrants to Argentina originated).

* Signatures and Endorsement: The front shows the autograph signatures of the directors and cashiers of the Mendoza branch of the era. The back of the letter (second and third photos) shows the endorser’s signature for receipt ("Recibí") by an intermediary or final beneficiary, Mr. Marino Miranda.

1. The company "Viuda e hijos de Alvaro": Represents the typical model of a family business or patrimonial succession from the early century, common in Argentine provinces rich in vineyards and commerce such as Mendoza.
2. The Kraft, Buenos Aires typography: The title reads at the top center "Guillermo Kraft, Buenos Aires". This is the signature of one of the most prestigious printing and engraving houses in Argentina, renowned for the artistic quality of its watermarks, sepia-toned decorative borders, and emblems that protected credit titles from counterfeiting.

In the collectible papermarket of old-time scripophily and postal history, this document presents itself in excellent preservation, with intact paper, unmutilated edges, and sharp, non-faded calligraphic inks.

* Price-determining factors: The combination of the internal Argentine branch ([Mendoza]), the double destination stamps in Spain (Madrid/La Coruña), and the presence of Kraft’s typographic mark make the item highly attractive to collectors of Hispanic-American banking history.

IA help description

Excellent historical value of Scripophily
They are stored in PVC A4 envelopes.
Good condition. See the image for a proper impression
Ships with registered mail and tracking included and protected packaging.

Details

Era
1900-2000
Grade (Certified notes)
Ungraded
Country/province
Spain
Year/period and variation
1906
Quantity x nominal value
79,15 pesetas
Number of items
1
Theme
Commercial documents
ItalyVerified
200
Objects sold
100%
Private

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