1 Boliviano

Banco Francisco Argandoña was a private Bolivian bank authorized under the country's 1890 banking law, which briefly opened the door to a competitive note-issuing system before the state moved to consolidate control in the early twentieth century. The bank was headquartered in Trinidad, in the Beni department — a remote cattle and rubber territory, geographically isolated from La Paz — which gives this note an unusual provincial character for an 1890s Bolivian issue.

Bradbury, Wilkinson produced the plates in London, as they did for several South American private banks during this period. The Beni rubber boom was near its peak in 1898, which is precisely why a bank of this type could sustain itself in such an unlikely location.