^Lot 1472 CHILE, Valdivia, Tesorería y Aduana Unidas Valdivia, 4 reales, 1840, very rare, PMG Choice F 15 NET.

CHILE, Valdivia, Tesorería y Aduana Unidas Valdivia, 4 reales, 1840, very rare, PMG Choice F 15 NET. Pick-S101. Among the earliest Republican bank notes of Chile, and rather choice for this local necessity issue. This series circulated in the southern Province of Valdivia, issued in denominations of 4 and 8 reales between 1840 and 1844, and recalled almost in its entirety. Unredeemed notes are unknown and presentable examples of this very scarce 4 reales denomination are rare. Circulated with a sewn horizontal split but otherwise quite presentable with bold printing of its basic design including several stamped seals on both sides, overall quite rare as one of just two notes in the PMG census below a VF 25 example and an appealing example of the first paper money of Chile.
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