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1/2 Real Boliviano

Issuer Banco Rio Cuarto, Rio Cuarto
Year 1874
Type Local banknote
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Obverse description The obverse carries the bold title MEDIO REAL at the top within a rectangular panel, beneath which the bank name EL BANCO RIO CUARTO is set in large display lettering. Two classical female portrait vignettes in oval frames flank the large central fraction numeral 1/2, with a handwritten promise-to-pay text in Spanish and a manuscript date and place line reading Rio Cuarto, April 1 de 1874. A guilloche underprint band runs below the text block, and the printer's imprint NATIONAL BANK NOTE COMPANY, NEW YORK appears at the foot.
Obverse lettering MEDIO REAL
EL BANCO
RIO CUARTO
Pagaran al portador de diez y seis de estos billetes, Un Peso Boliviano o su equivalente en moneda de ley.
Rio Cuarto, Abril 1 de 1874
POR EL DIRECTORIO DEL BANCO
NATIONAL BANK NOTE COMPANY, NEW YORK
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Comments

Banco Rio Cuarto was a provincial Argentine institution operating out of Córdoba province during the brief free-banking period of the 1870s, when the national government had not yet established firm control over note issuance. The denomination itself — half a Real Boliviano — reflects the monetary chaos of the period: Argentine commerce still ran heavily on Bolivian silver reales alongside the peso, and banks in the interior simply denominated paper accordingly.

The National Bank Note Company, at the time one of the dominant security printers in the Americas, produced notes for dozens of South American institutions during this decade. Many of these provincial Argentine issues survived in tiny quantities; several banks collapsed or were absorbed before their notes saw meaningful circulation.

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