Catalog
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| Issuer | Banco Provincial de Córdoba |
|---|---|
| Year | 1888 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | REPUBLICA ARGENTINA SERIE 004 EMISION GARANTIDA CON EL DEPOSITO DE FONDOS PUBLICOS NACIONALES, SEGUN LEY DE A DE NOVIEMBRE DE 1887 EL BANCO PROVINCIAL DE CORDOBA pagará á la vista y al portador UN PESO a moneda Nacional Buenos Aires POR EL BANCO PRESIDENTE DE LA OFICINA INSPECTORA UNO |
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| Reverse lettering | 1 1 UNO |
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| Comments |
The Banco Provincial de Córdoba was one of several Argentine provincial banks empowered to issue their own currency under the banking framework that preceded the 1890 Baring Crisis — the catastrophic sovereign default that effectively ended provincial note-issuing in Argentina for good. This note predates that collapse by two years, circulating during a period of aggressive credit expansion and land speculation in Córdoba province that made the eventual crash worse than it needed to be.
The American Bank Note Company held most of the major Argentine provincial contracts through this period, producing notes for multiple issuers simultaneously out of New York.