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1 Peso

Issuer Banco Provincial de Salta
Year 1888
Type Local banknote
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Obverse description The obverse is printed in black on white paper with a pale green underprint. At left, an intaglio portrait vignette of a uniformed military figure is set within an oval frame. To the right, a decorative allegorical vignette shows three putti amid grapevines and fruit. The central panel carries the bank title EL BANCO PROVINCIAL DE SALTA in bold letterpress, with the promise text pagará á la vista y al portador / UN PESO / en moneda Nacional and the place and date Buenos Aires. The upper portion bears the headings REPUBLICA and ARGENTINA flanking SERIE 006 and the serial number, with a small Argentine coat of arms centrally placed.
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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.

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