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1 Peso
| Issuer | Provincia de Córdoba |
|---|---|
| Year | 2002 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
| Size | 155 × 65 mm |
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|---|---|
| Obverse lettering | PROVINCIA DE CORDOBA REPUBLICA ARGENTINA LETRAS DE CANCELACIONES DE OBLIGACIONES PROVINCIALES DE CORDOBA (LECOP CORDOBA) AL PORTADOR UN PESO VALOR NOMINAL VENCIMIENTO 31 DE OCTUBRE DE 2004 (Translation: PROVINCE OF CORDOBA ARGENTINIAN REPUBLIC LETTERS OF CANCELLATION OF PROVINCIAL OBLIGATIONS FROM CORDOBA (LECOP CORDOBA) TO THE BEARER ONE PESO NOMINAL VALUE EXPIRY 31 OCTOBER 2004) |
| Reverse description | The reverse is printed primarily in black on white stock and carries the full legal text of the enabling legislation in multiple articles. A small numeral '1' vignette appears at upper right and lower right within a fine guilloche border, and the title heading is set in bold letterpress at the top centre. |
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| Comments |
Argentina's 2001–2002 financial collapse forced several provinces to issue their own quasi-currencies when federal peso liquidity dried up. Córdoba's series, known locally as "lecops" or simply "los papelitos," functioned as wage-payment instruments for provincial employees and were accepted under legal pressure by local businesses — not by genuine market confidence.
Printing in Santiago rather than Buenos Aires was a purely logistical decision: Casa de Moneda de Argentina was overwhelmed by the national emergency, and Chilean production capacity was tapped across multiple provincial contracts during the same period. The S-prefix in the Pick reference reflects the note's quasi-governmental, non-central-bank status.