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1 Peso
| Issuer | Banco de la Provincia de Buenos Aires |
|---|---|
| Year | 1891 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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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. |
| Reverse lettering | DEPOSITÁNDOSE EN EL BANCO DE LA PROVINCIA ESTE BILLETE DEVENGARÁ UN INTERÉS DE: CINCO POR CIENTO ANUAL POR DEPÓSITO Á PREMIO Y DE TRES POR CIENTO POR DEPÓSITO COMERCIAL. BANCO DE LA PROVINCIA DE BUENOS AIRES |
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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.