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1 Peso Plata Corriente Boliviana

Issuer Banco de San Juan - Sucursal (Branch) Tucumán
Year 1874
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Shape Rectangular
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Obverse description The obverse is laid out in a horizontal format with the bank name EL BANCO DE SAN JUAN in bold lettering across the upper portion, flanking a central vignette of two horses standing in a pastoral setting. Serial numbers appear in two positions flanking the vignette, with the denomination numeral 1 in decorative cartouches at both left and right margins. The central text panel reads PAGARÁ AL PORTADOR Á LA VISTA / UN PESO / Plata corriente Boliviana, with the date and branch designation below, and signature lines for LOS CONSEJEROS and EL GERENTE at the foot.
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Reverse description The reverse of this note has not been imaged; no description is available from the catalog record for this specific issue.
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Comments

Banco de San Juan was a provincial Argentine bank operating under the 1863 banking law that allowed individual provinces to charter note-issuing institutions — a system that produced a chaotic patchwork of provincial paper before federal consolidation ended it in the 1890s. This particular note was issued through the bank's Tucumán branch, making it a branch issue of an already provincial institution, one step further removed from any central authority.

The denomination in "Pesos Plata Corriente" is telling. By 1874, the peso fuerte and peso moneda corriente were both in circulation alongside provincial issues, and specifying plata corriente was an attempt to anchor the note's value to silver — a promise Argentine banks of this period were frequently unable to keep.

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