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1.000 Pesos

Issuer Banco de Londres y Sud America
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Value 1.000 Pesos
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Obverse description The obverse is printed in brown ink on a pale salmon-toned paper ground, with an ornate guilloche border framing the entire face. At upper centre, the bank's title BANCO DE LONDRES Y SUD AMERICA is inscribed in bold letterpress within a decorative panel, flanked by two oval guilloche medallions bearing the denomination $1000. A central vignette presents a British royal coat of arms with supporters. To the lower left, a standing female allegorical figure is shown beside a harbour scene with sailing vessels; to the lower right, a second vignette shows a kneeling figure harvesting sugar cane. The promise-to-pay text in Spanish, EL BANCO EN LIMA PAGARÁ Á LA VISTA AL PORTADOR MIL PESOS EN EFECTIVO, is set in italic script across the centre, with MIL PESOS highlighted in a rectangular panel, and the issue place LIMA and date DE 18 printed below.
Obverse lettering BANCO DE LONDRES Y SUD AMERICA
EL BANCO EN LIMA PAGARÁ Á LA VISTA
AL PORTADOR MIL PESOS EN EFECTIVO
LIMA DE 18
For the LONDON & SOUTH AMERICAN BANK, LIMITED
Account Manager Director
$1000
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Comments

Banco de Londres y Sud America was the Argentine subsidiary of the London and River Plate Bank, one of the dominant British merchant banking operations in South America through the late nineteenth century. The fact that this note was printed by the American Bank Note Company in New York rather than in London is worth noting — ABNC held the majority of banknote printing contracts for Argentine and broader South American issuers during this period, effectively locking out British and European competitors through reliability and proximity to regional distribution networks.

Pick 257 is sparsely documented, and surviving specimens are uncommon in the secondary market.