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1 Peso

Issuer Banco de la Provincia de Buenos Aires
Year 1891
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Shape Rectangular
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Obverse description Blue-toned note with the bank title EL BANCO DE LA PROVINCIA DE BUENOS AIRES arched across the top and SERIE A designation below. The central text area reads CERTIFICADO DE DEPÓSITO / UN PESO, with manuscript text referencing Ley Nacional núm. 2789 of 7 August 1891. To the right, a classical allegorical vignette in intaglio shows a female figure riding a horse-drawn chariot, with a guilloche underprint across the body of the note and a red serial number panel at upper centre. Two signature lines appear at lower left and lower right, captioned INSPECTOR GENERAL and PRESIDENTE respectively.
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Reverse description Printed in monochrome grey-violet, the reverse centres on an oval intaglio vignette of a classical female allegory seated on a chariot amid agricultural and nautical symbols, framed by ornamental scrollwork. Flanking panels carry interest-rate text in Spanish, with large numeral 1 guilloche medallions at left and right margins. The bank name BANCO DE LA PROVINCIA DE BUENOS AIRES appears in a rectangular panel at the lower centre.
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Comments

The Banco de la Provincia de Buenos Aires was no stranger to crisis by 1891. The collapse of Baring Brothers in 1890 — triggered in large part by overexposure to Argentine sovereign debt — sent the Buenos Aires provincial bank into receivership and forced a complete restructuring of the provincial banking system. Notes issued in this period circulated under severe public distrust, and convertibility was effectively suspended.

PS#573 falls within the post-Baring emission, making its survival in any condition a minor document of that wreckage.

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