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1 Peso Banco de La Alianza

Issuer Banco de La Alianza
Year 1879
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Value 1 Peso
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Obverse description Black on green and peach underprint. Central vignette of a female allegorical head representing America, flanked by a bull's head vignette at left and the Chilean Coat of Arms at right. The design is executed in fine intaglio engraving with intricate lathe-work borders.
Obverse lettering BANCO DE LA ALIANZA Pagará al portador á la vista en Santiago UN PESO MONEDA CORRIENTE Santiago, Enero 3 de 18__. American Bank Note Company, New York
(Translation: Bank of La Alianza Will pay to bearer at sight in Santiago One Peso in currency Santiago, January 3, 18__.)
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Comments

Banco de La Alianza was one of several provincial Argentine private banks that contracted the American Bank Note Company during the 1870s, a period when ABNC dominated the South American commercial banking print market almost entirely. The bank itself was short-lived — Argentine banking law would be progressively tightened through the 1880s, and most provincial issuers of this type were either absorbed or forced to cease note issuance before the Banca Nacional era consolidated the currency.

S-prefix Pick numbers indicate chartered private bank issues, and Argentine examples from this period are underrepresented in most collections simply because provincial redemption and destruction rates were high.

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