Catalog
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| Issuer | Crédito Territorial de Santa Fé |
|---|---|
| Year | 1868 |
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| Currency | Peso (1826-1885) |
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| Obverse description | The obverse carries a central vignette of a rural or pastoral scene with a locomotive or building at right, set within a lightly printed guilloche underprint in red and orange tones. To the left, a portrait of a woman is enclosed within an ornate circular border with repeated numeral corner devices. The heading reads 'CREDITO TERRITORIAL DE SANTA FÉ' with the authorizing law inscription below, and a serial number appears at lower right within a decorative cartouche. |
|---|---|
| Obverse lettering | ROSARIO CRÉDITO TERRITORIAL DE SANTA FÉ AUTORIZADA POR LEY DE 28 DE SETIEMBRE DE 1869 SERIE B UN PESO PLATA BOLIVIANA Pagare a la vista y al portador UN PESO plata boliviana no S en equivalente en moneda de curso legal Por la sociedad |
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| Comments |
The Crédito Territorial de Santa Fé was one of several provincial mortgage credit institutions that proliferated across Argentina in the 1860s, empowered to issue notes backed theoretically by land rather than specie. In practice, the system was fragile — provincial land valuations were inconsistent, enforcement was weak, and the federal government had not yet consolidated monetary authority. Santa Fé's notes circulated in a region still being colonized, with immigrant agricultural settlements arriving from Europe only a few years before this note was issued.
The denomination in Pesos Plata Boliviana is telling. Bolivia's silver peso remained the functional trade currency across much of the interior long after Argentine monetary nomenclature had officially moved on.