1 Peso

The Banco Provincial de Tucumán was one of several Argentine provincial banks empowered to issue their own currency under the 1854 banking framework — an arrangement that persisted, chaotically, until the national government's forced consolidation in 1890–91 following the Baring Crisis. This note predates that collapse by just two years. Provincial paper from Tucumán circulated primarily within the sugar-producing northwest, a regional economy that had little overlap with the Buenos Aires financial world that ultimately imploded.

ABNC printed the series in New York. The plates were almost certainly engraved speculatively or on contract before the province had firm backing to support the issue.