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1 Peso Boliviano

Issuer Banco de Victoria
Year 1873
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Currency Peso Boliviano (1864-1963)
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Obverse description The obverse carries the bank title EL BANCO DE VICTORIA in an arc across the upper register, with a central vignette of an eagle with spread wings set within a lightly engraved underprint. Portrait vignettes of two male figures appear at the left and right margins respectively. The note bears the place of issue VICTORIA, a handwritten date of April 1873, a serial number in the upper left, and the promise-to-pay legend PAGARÁ AL PORTADOR Y A LA VISTA UN PESO BOLIVIANO in bold letterpress across the centre.
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Reverse description The reverse is printed in a single blue-grey tone and composed entirely of lathe-work guilloche ornaments arranged around a large central numeral 1. Two oval medallions at left and right each bear the word UNO above UN PESO, framed within intricate engine-turned rosette borders. The issuer's name EL BANCO DE VICTORIA is inscribed in a curved legend across the upper portion of the design.
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Comments

The Banco de Victoria was one of several provincial Argentine banks that briefly obtained note-issuing privileges during the early 1870s, a period when Buenos Aires province had not yet consolidated monetary authority. These institutions operated under provincial charter, and their notes were accepted only within limited geographic ranges — often a single department or town — making survival of any example genuinely unusual.

PS#1923 is among the scarcer entries in the South American provincial series. The bank's short operational life before the 1876 financial crisis that swept through Argentina's private banking sector means the volume of notes actually redeemed — let alone preserved — was negligible.

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