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1 Peso
| Issuer | Provincia de Mendoza |
|---|---|
| Year | 1892 |
| Type | Log in to see details |
| Value | 1 Peso |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | PROVINCIA DE MENDOZA LETRAS DE TESORERIA LA PROVINCIA DE MENDOZA RECONOCE AL PORTADOR UN PESO NACIONAL En las condiciones de la Ley MENDOZA, 1 de Enero de 1893 SERIE A MINISTRO DE HACIENDA PRESIDENTE DEL CREDITO PUBLICO UN PESO |
| Reverse description | Log in to see details |
| Reverse lettering | LEY 28 DE NOVIEMBRE DE 1892 ART. 7. Las letras de Tesoreria seran recibidas por su valor escrito, por el Banco de la Provincia en pago de amortizacion e intereses de todos los creditos a su favor; y por las Oficinas publicas el pago de impuestos fiscales, municipales o de aguas o cualquiera otra deuda. |
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| Comments |
Provincial paper money in Argentina during the 1890s existed against a backdrop of chronic monetary instability. The national government's 1890 financial collapse — the Baring Crisis — severely disrupted convertibility and left interior provinces scrambling for circulating medium. Mendoza, already managing its own fiscal pressures as a wine-producing economy dependent on seasonal labor and export cycles, had practical reasons to issue locally.
Printing in Mendoza itself rather than Buenos Aires or abroad was unusual for provincial issues of this period and almost certainly reflects the disruption to normal financial channels rather than any deliberate policy preference.