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1/2 Real Boliviano

Issuer Oxandaburu y Garbino
Year 1867
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Currency Real (1827-1872)
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Obverse description Violet monochrome letterpress note with the firm name OXANDABURU Y GARVINO set in large bold type across the upper portion, above the inscription PAGARAN AL PORTADOR Y A LA VISTA. A small vignette at the lower left shows a gaucho on horseback, while the denomination MEDIO REAL BOLIVIANO appears in a bold rectangular panel at centre-right, repeated in cursive script as Medio Real below. The issue date GUALEGUAYCHU DICIEMBRE 1° DE 1867 is printed in the upper margin, with 1/2 fraction numerals repeated in the lateral borders.
Obverse lettering GUALEGUAYCHU DICIEMBRE 1° DE 1867
OXANDABURU Y GARVINO
PAGARAN AL PORTADOR Y A LA VISTA
MEDIO REAL BOLIVIANO
Medio Real
MEDIO
1/2
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Comments

Oxandaburu y Garbino was a commercial house operating in Gualeguaychú, Entre Ríos province, issuing this note during the brief and chaotic period when Argentine provincial private banking — largely unregulated — filled gaps left by the absence of a national monetary authority. The firm was not a bank in any formal sense, and notes like this circulated on little more than the commercial reputation of the issuing partners.

The Real Boliviano denomination is telling: Bolivian silver coinage remained widely used in the Río de la Plata region long after independence, and denominating fractional paper in those units was a practical concession to what people actually counted in.

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