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1 Peso Fuerte
| Issuer | Banco de la Província de Buenos Aires |
|---|---|
| Year | 1871 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | EL BANCO DE LA PROVINCIA DE BUENOS AIRES Pagará al portador UN PESO FUERTE en moneda metálica a su vista de vos de 1 de Agosto 1871 Inspector Presidente |
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| Reverse lettering | FUERTE UN PESO FUERTE COMPAÑIA AMERICANA DE BILLETES DE BANCO NUEVA YORK |
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| Comments |
The Banco de la Província de Buenos Aires was, by 1871, operating in a monetary environment where provincial and private banks each issued their own notes with minimal federal oversight — a situation that would eventually force the 1890s banking reforms after the Baring Crisis nearly collapsed the Argentine financial system. The ABNC contract for this series placed production firmly in New York, though the notes circulated exclusively within the Buenos Aires provincial economy.
The "Peso Fuerte" denomination is worth pausing on: it distinguished hard-currency-pegged paper from the inflated "papel moneda" issues that Argentines had grown to distrust. The distinction was largely theoretical in practice.