1 Peso Boliviano

Banco Lanieri of Victoria was one of a cluster of provincial Argentine private banks that issued currency in the early 1870s before federal banking legislation progressively curtailed their right to do so. The PS prefix in the Pick catalog places this squarely among the speculative provincial issues — notes whose backing was, in practice, whatever the issuing merchant house or regional bank could credibly claim.

Victoria is a city in Entre Ríos province, and the Peso Boliviano denomination is a telling detail: the Bolivian peso was still widely used as a unit of account in the Río de la Plata region well into the 1870s, particularly in riverine trade corridors where specie of varying origins passed freely.