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1 Austral
| Issuer | Provincia de Salta |
|---|---|
| Year | 1986-1987 |
| Type | Local banknote |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The reverse is printed entirely in deep rose-red on a fine guilloche underprint with a central compass-rose watermark-style vignette. A scalloped border frames a full text block setting out five articles of Law 6228 authorising the provincial executive to issue debt-cancellation bonds, followed by a note of the total emission of 25,000,000 australes under Decree 1520/87. A geometric decorative vignette in red and orange occupies the upper right corner. |
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| Variants | P#S2612a - Bottom line on back ends with "Decreto 2248 del 16 de Noviembre de 1985" P#S2612b - Bottom line on back ends with "Decreto 1984/86" P#S2612c - Bottom line on back ends with "Decreto 245/87" P#S2612d - Bottom line on back ends with "Decreto 949/87" P#S2612e - Bottom line on back ends with "Decreto 1520/87" |
| Comments |
Argentina's provinces retained emergency authority to issue their own quasi-currency during the chronic instability of the 1980s, and Salta exercised it. These provincial notes circulated alongside — and often instead of — federal currency when the national supply failed to meet local demand, a situation that was neither unusual nor temporary during the Austral plan's troubled implementation after June 1985.
Casa de la Moneda, the federal mint, printed this note for a provincial issuer, an arrangement that underscores just how fragmented Argentine monetary administration had become by the mid-decade.