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1 Peso

Issuer Banco Provincial de Córdoba
Year 1888
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Currency Peso (1826-1985)
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Obverse description The obverse is printed in black on white paper with a light guilloche underprint. To the left, an oval intaglio vignette contains a portrait of a uniformed military figure. At upper centre, the Argentine national arms appear flanked by the inscriptions REPUBLICA and ARGENTINA, with SERIE 004 below. The central text reads EL BANCO PROVINCIAL DE CÓRDOBA / pagará á la vista y al portador / UN PESO, with an allegorical vignette of cherubs and a reclining female figure to the right.
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Reverse description The reverse is printed entirely in red-orange on plain paper with a dense lathe-work guilloche pattern filling the field. Numeral 1 appears in each upper corner within ornamental frames, and the word UNO is printed at lower centre. The design is largely composed of intricate engine-turned geometric scrollwork with no pictorial vignettes.
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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.

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