Catalog
1 Peso Fuerte
| Issuer | Banco de Londres y Río de La Plata, Rosario |
|---|---|
| Year | 1866 |
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| Value | 1 Peso Fuerte |
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| Obverse description | The obverse is dominated by a central text block bearing the promise to pay "DIEZ Y SEIS PESOS FUERTES" to the bearer, with the issuing place "ROSARIO" and manuscript date and signatures below. At upper center, an ornate cartouche carries the bank title "BANCO DE LONDRES Y RIO DE LA PLATA" in bold lettering, with the denomination "UN PESO FUERTE" beneath. To the left, a vignette within an oval guilloche frame depicts a galloping horse in a landscape, flanked by corner denomination panels reading "UN PESO" and intricate lathe-work borders. |
|---|---|
| Obverse lettering | BANCO DE LONDRES Y RIO DE LA PLATA UN PESO FUERTE Pagaremos al portador y a la vista DIEZ Y SEIS PESOS FUERTES ó su equivalente en moneda de curso legal por cada Diez y Seis de estos billetes ROSARIO POR EL BANCO UN PESO |
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| Comments |
The Banco de Londres y Río de la Plata was the first British-owned bank to operate in Argentina, established in Buenos Aires in 1862 and expanding to Rosario shortly after. This branch issue is notable precisely because Rosario was not yet the commercial powerhouse it would become — the city's rise as the country's primary grain export port was still a decade away, and a London-backed bank issuing peso fuerte notes there in 1866 reflects speculative confidence more than established trade infrastructure.
The peso fuerte itself was already a transitional unit by this date, with Argentina's monetary fragmentation making branch-specific issues from foreign banks a practical necessity rather than an anomaly.