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1 Peso

Issuer Provincia de Mendoza
Year 1901
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Shape Rectangular
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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
Reverse description The reverse is printed in blue, with the denomination UN PESO repeated in bold lettering across the top and bottom borders, and the numeral 1 in large format at the left. To the right, a rectangular panel contains a typeset extract of Ley Nº 940 of 22 June 1901, Article 6, stipulating that the Letras de Tesorería shall be accepted as legal tender by the Banco de la Provincia and by public offices in payment of fiscal taxes, water rates, or any other debt of this nature. At the far right, an intaglio-style vignette portrays a classical female head in profile, laureate, facing left.
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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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