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1 Peso La Provincia de Buenos Ayres

Issuer Banco de la Provincia de Buenos Aires
Year 1870-1877
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Reference(s) P#S481
Obverse description Central intaglio vignette of a standing goat on rocky ground with a second goat resting behind it, flanked by two circular guilloche medallions each bearing the numeral '1'; smaller oval portrait vignettes of a female head appear in the lower left and lower right corners. The bold letterpress issuer title 'LA PROVINCIA DE BUENOS AYRES' runs across the upper portion beneath a serial number panel, with the denomination 'UN PESO' and date inscription below the central vignette. The printer's imprint 'Compañia Americana de Billetes de Banco' appears along the lower margin, the whole executed in the fine engraved line work characteristic of American Bank Note Company production.
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Reverse description Reverse is uniface, printed on plain paper with no design elements or lettering.
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Comments

The Banco de la Provincia de Buenos Aires was the oldest and most powerful provincial bank in Argentina, and by the 1870s it operated with a degree of autonomy that the national government in Buenos Aires city found increasingly inconvenient. This note circulated during the years when the provincial peso and the national peso coexisted uneasily — a monetary tension that would not be resolved until the federalization of Buenos Aires in 1880 effectively stripped the province of its capital and forced a reckoning with its currency.

ABNC's involvement was typical for South American issuers of the period seeking engraving quality unavailable domestically. The S481 designation places this within the Pick specialized catalog for Latin American provincials rather than the main Argentine sequence.

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