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1 Peso Plata Corriente Boliviana

Issuer Banco de San Juan - Sucursal (Branch) San Juan
Year 1870
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Composition Paper
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Obverse description Light blue note with an ornate letterpress border framing the central vignette of two horses standing side by side. The bank name 'EL BANCO DE SAN JUAN' appears in a decorative cartouche at the top, flanked by serial number panels on either side. Below the vignette, the denomination text 'UN PESO / plata corriente Boliviana' is inscribed in italic script, with the place and date 'San Juan 24 de Octubre 1870' beneath.
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Reverse description Printed in red-brown on a light blue paper, the reverse is dominated by a large central oval vignette enclosing the coat of arms of the Province of San Juan, surrounded by a wreath of laurel branches and crossed military insignia. The numeral '1' appears in large format to the left of the oval, and the overall composition is rendered in a steel-engraving style typical of mid-nineteenth-century South American provincial bank issues.
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Comments

Banco de San Juan was a provincial Argentine institution, and this note — denominated in Bolivian silver pesos rather than the local moneda corriente or a national standard — reflects how thoroughly Bolivian coinage dominated trade in the Andean provinces during the 1860s. Cuyo's commercial ties ran south and west, not east toward Buenos Aires, and issuers priced paper accordingly.

PS#1866 is genuinely rare. Provincial Argentine bank paper from this period had short operational windows, and San Juan's banking infrastructure was repeatedly disrupted by political instability following the Mitre era.

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