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1/2 Real Plata Boliviana

Issuer Banco del Litoral
Year 1875
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Composition Paper
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Obverse description Plain rectangular note with a central bold letterpress inscription reading MEDIO REAL within a panel, above which the bank title BANCO DEL LITORAL appears in large capital letters. The denomination fraction 1/2 is printed at upper left and upper right corners, with series and letter designations at the top. A text line referencing payment at sight and the issuing place Paraná with a date appears along the lower portion of the note.
Obverse lettering SERIE
BANCO DEL LITORAL
MEDIO REAL
Pagaré on demanda que pagará á la vista
PARANA 1 de Febrero de 1875
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Comments

The Banco del Litoral was a short-lived Argentine provincial bank operating out of Corrientes, and its 1875 fractional issue in Plata Boliviana — Bolivian silver — reflects the currency chaos that plagued the Río de la Plata region throughout the mid-nineteenth century. Bolivia's macuquina and later milled silver circulated widely across the northern Argentine provinces long after Buenos Aires had moved toward its own monetary standards, and pricing commercial paper in Plata Boliviana rather than pesos was simply practical for a bank doing business near those trade routes.

Fractional notes of this denomination from provincial Argentine banks are genuinely scarce survivors. Most were consumed in daily commerce and never returned for redemption.

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