Spain. 1895

This splendid vintage bill of exchange is a commercial "Segunda de Cambio" (bill of exchange) issued in Jerez de la Frontera (Spain) on August 20, 1895. The document features an extraordinary intaglio header of the renowned wine firm "Gutiérrez Hermanos", famous historic producer of Sherry (Jerez) and Brandy. The form presents a detailed central engraving showing the interior of the majestic historic cellars rich in casks (the traditional bodegas). # Description and analysis of the document * Financial Transaction: The bill orders payment of the substantial sum of 2,102.25 pesetas ("Por Ptas 2102.25"). The amount is payable to the order of "Sres. J. Navallas y C.ª", a notable commercial export 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 wine trade routes from Andalusia to South America at the end of the 19th century. * Marks and Stamps: On the right stands a beautiful blue ink oval registration stamp of the receiving firm "J. Navallas y C.ª - Jerez de la Frontera", bearing internal registration number 251813. At the bottom left is the elaborated autograph signature in brown ink by the Gutiérrez brothers. # Important figures and industrial context 1. Gutiérrez Hermanos: Founded in the 19th century in Jerez, one of the most awarded and prominent wine houses in Andalusia. The header proudly boasts the medals won at major exhibitions of the era: the Veracruz Exhibition of 1892 and the First Industrial Exhibition of Querétaro in 1882 in Mexico, proving their strong ties with 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. # Commercial value estimate Documents of the late 19th century tied to the history of wine, historic cellars, and liquor export are among the most sought after in scripophily and paper ephemera collecting. The condition is excellent; the paper shows its natural patina of time without extensive tears, though small signs of oxidation (rust) from old metal pins on the left side can be seen. * Estimated value of the document: Between €50 and €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 collector’s keepsake. IA description help Excellent historical value for scripophily They are stored in PVC A4 sleeves. Condition: good. See the image for the proper impression Shipping is via Registered Mail with tracking included and protected packaging.

Estimate:$168.08

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