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1 Peso Plata Corriente Boliviana

Issuer Banco de San Juan - Sucursal (Branch) San Juan
Year 1870
Type Local banknote
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Obverse lettering EL BANCO DE SAN JUAN
Pagará al Portador á la vista
UN PESO
plata corriente Boliviana
San Juan 24 de Octubre 1870
LOS CONSEJEROS
EL GERENTE
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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