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1 Peso

Issuer Provincia de Mendoza
Year 1901
Type Local banknote
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Obverse lettering PROVINCIA de MENDOZA
SERIE C
Letra de Tesorería
LA PROVINCIA DE MENDOZA RECONOCE AL PORTADOR
UN PESO
MONEDA NACIONAL EN LAS CONDICIONES DE LA LEY
MENDOZA, Junio de 1901
MINISTRO DE HACIENDA
PRESIDENTE DEL CRÉDITO PÚBLICO
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Reverse lettering UN PESO
Ley Nº 940 de 22 de Junio de 1901
ART. 6.º — LAS LETRAS DE TESORERÍA SERÁN RECIBIDAS COMO MONEDA LEGAL, POR SU VALOR ESCRITO, POR EL BANCO DE LA PROVINCIA, Y POR LAS OFICINAS PÚBLICAS EN PAGO DE IMPUESTOS FISCALES, DE AGUAS O CUALQUIER OTRA DEUDA DE ESTE ORIGEN.
UN PESO
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Comments

Mendoza's provincial paper emissions of the early 1900s emerged from a gap in federal monetary coverage — the Caja de Conversión, established after the 1890 Baring Crisis, handled national convertibility but left provincial governments scrambling for small-denomination liquidity. This note was lithographed by Guillermo Kraft, the German-founded Buenos Aires firm that handled a substantial share of Argentine commercial and official printing work in this period.

Provincial notes of this type were technically illegal under the 1891 federal banking laws but tolerated in practice. Mendoza's wine economy ran largely on local scrip well into the twentieth century.

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