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0,20 Pesos = 20 Centavos Fuertes

Issuer Provincia de Santiago del Estero
Year 1876
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Value 0,20 Pesos
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Obverse description Single-sided note with a central vignette of a reclining animal within an oval frame, flanked by denomination numerals '0,20' at left and right. The issuer inscription 'PROVINCIA DE SANTIAGO DEL ESTERO' arcs across the upper portion, with the denomination legend 'VEINTE CENTAVOS FUERTES' in bold letterpress below the vignette. A bearer clause 'Bono al portador por veinte centavos fuertes' appears in script, followed by the date 'Santiago, Setiembre 30 de 1876', a manuscript signature, and the series and serial number notation 'Serie B' at upper right. Repetitive guilloche border text reading '20 VEINTE 20' frames the note on all sides.
Obverse lettering PROVINCIA DE SANTIAGO DEL ESTERO
0,20
Ley 11 de Julio 1876
Serie B
VEINTI CENTAVOS FUERTES
Bono al portador por veinte centavos fuertes.
Santiago, Setiembre 30 de 1876
G. Kraft, Buenos Aires
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Comments

Santiago del Estero was among the poorer interior provinces of Argentina, and its 1876 fractional emission reflects the chronic shortage of small-denomination federal currency that plagued the interior throughout the 1870s. Provincial scrip of this kind filled a genuine transactional gap — federal coin simply didn't circulate in sufficient volume this far from Buenos Aires.

G. Kraft was a well-established Buenos Aires commercial printer, not a specialist banknote house. The use of a trade printer rather than a security printer was common for provincial fractionals of this period, which makes genuine examples harder to authenticate and counterfeits correspondingly easier to produce.

The "Fuertes" denomination distinguishes these notes from the parallel peso moneda corriente system — a distinction that mattered considerably to anyone receiving wages or settling debts in 1876.

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