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1 Doblón 10 Pesos - Banco Franco-Platense

Issuer Banco Franco-Platense
Year 1871
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Value 1 Doblón = 10 Pesos (10 UYP)
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Obverse lettering EL BANCO FRANCO-PLATENSE (turned 90º on each side) UN DOBLON UN DOBLON Pagará al portador y á la vista Diez Pesos en Billetes de Curso Legal ó en su defecto en Oro Sellado con arreglo al Ar Nº 20 de la Ley de 4 de Mayo de 1870 Montevideo, 1º de Agosto de 1871 1 DOBLON
(Translation: The Franco-Platense Bank (turned 90º on each side) One Doblon One Doblon Will pay to the bearer and at sight Ten Pesos in Legal Tender banknotes or either in sealed gold accordingly to Article No. 20 of the Law of May 4th, 1870 Montevideo, August 1st, 1871 1 Doblon)
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Reverse lettering 10 EL BANCO (turned 90º, on each side) DIEZ DIEZ Franco Platense MONTEVIDEO 10
(Translation: 10 The Bank (turned 90º, on each side) Ten Ten Franco Platense (French Plate River) Montevideo 10)
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Comments

The Banco Franco-Platense was one of several foreign-backed private banks operating in Buenos Aires during the brief provincial free-banking period of the 1860s–70s, when Argentine law permitted chartered institutions to issue their own circulating notes. French capital underwrote the venture, hence the bilingual institutional name. The American Bank Note Company in New York produced the plates, as it did for most of the region's private issuers during this period — Buenos Aires banks rarely had access to domestic intaglio printing of comparable quality.

The bank's charter was revoked following the Argentine banking crisis of the early 1870s, which dramatically curtailed the lifespan of notes from this issuer. Survivors are uncommon.

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