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1 Peso

Issuer Banco Provincial de Córdoba
Year 1889
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Shape Rectangular
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Obverse description Green-tinted note with an oval portrait vignette at left centre of a bearded gentleman in formal attire. To the right, an allegorical vignette of a female figure with agricultural implements. The centre bears an ornate guilloche frame enclosing the promise-to-pay text of the Sección Hipotecaria Agrícola e Industrial. Denomination medallions reading '1' appear at lower left and right, with the imprint of the American Bank Note Co., New York at the foot.
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Reverse lettering BANCO PROVINCIAL
DE CÓRDOBA
AMERICAN BANK NOTE COMPANY, NEW YORK
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Comments

The Banco Provincial de Córdoba was one of several Argentine provincial banks empowered to issue currency under the 1887 Ley de Bancos Garantidos, which allowed provinces to circulate notes backed by national bonds. The arrangement collapsed spectacularly in 1890 when the Baring Crisis triggered a run on nearly every provincial issuer simultaneously — Córdoba's bank among them. Notes from this series had an extremely short effective lifespan before the federal government moved to absorb or liquidate the provincial banks and centralize emission.

The ABNC contract for Argentine provincial issues in this period was substantial, covering multiple issuers from a single New York production run.

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