Catalog
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| Issuer | Banco Provincial de Salta |
|---|---|
| Year | 1888 |
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| Value | Log in to see details |
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| Reference(s) | P#S1171 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | REPUBLICA ARGENTINA SERIE 006 EMISION GARANTIDA CON EL DEPOSITO DE FONDOS PUBLICOS NACIONALES, SEGUN LEY DE 5 DE NOVIEMBRE DE 1887 EL BANCO PROVINCIAL DE SALTA pagará á la vista y al portador UN PESO en moneda Nacional BUENOS AIRES POR EL BANCO PRESIDENTE DE LA OFICINA INSPECTORA UN PESO |
| Reverse description | Log in to see details |
| Reverse lettering | UNO UNO LOS QUE FALSIFIQUEN O ALTEREN BILLETES DE LOS AUTORIZADOS POR ESTA LEY... ESTOS BILLETES DE LOS BANCOS EMITIDOS EN ARREGLO A ESTA LEY TENDRAN FUERZA... |
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| Comments |
The Banco Provincial de Salta was one of several Argentine provincial banks empowered to issue notes under the banking laws of the 1880s — a decentralized experiment that ended badly. The Baring Crisis of 1890 triggered a collapse of confidence in provincial paper across Argentina, and most of these institutions were wound up or absorbed shortly after. Notes from Salta's provincial bank had an exceptionally short window of legitimate circulation.
ABNC engraved and printed the series in New York, as they did for numerous Latin American provincial clients during this period. Salta's geographic isolation from Buenos Aires meant redemption was always logistically difficult for ordinary holders.