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1 Peso Plata Boliviana
| Issuer | Banco Argentino, Concordia |
|---|---|
| Year | 1866 |
| Type | Local banknote |
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| Obverse description | The obverse carries the bank title EL BANCO ARGENTINO across the upper portion, with a central vignette of a rural pastoral scene with cattle and figures, flanked on the left by a standing rhea (ñandú) vignette. The denomination UN PESO appears in bold lettering below the central vignette, with the overprint CONCORDIA applied vertically on both lateral margins. A numeral 1 appears in the upper left corner, with ornate typographic borders framing the composition. |
|---|---|
| Obverse lettering | EL BANCO ARGENTINO UN PESO CONCORDIA 1 Pagará al portador la suma de Un Peso Plata Boliviana o su equivalente en moneda de ley SERIE EL GERENTE |
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| Comments |
The Banco Argentino was one of several provincial free-banking institutions operating in Argentina's Entre Ríos province during the 1860s, a period when no central monetary authority existed and individual banks issued their own notes against specie reserves — or claimed to. Denominated in pesos plata boliviana rather than the more common peso fuerte, this note reflects the practical reality of cross-border commerce along the Uruguay River, where Bolivian silver coinage was still the dominant circulating medium.
Concordia's position as a river port made this denomination commercially logical. Whether the issuing bank maintained adequate reserves is another matter entirely — Entre Ríos free banking had a troubled record on that point.