Catalog
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| Issuer | Banco Argentino, Rosario |
|---|---|
| Year | 1866 |
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| Reference(s) | P#S1526 |
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|---|---|
| Obverse lettering | EL BANCO ARGENTINO CINCO PESOS Plata Boliviana su equivalente en moneda de ley Rosario 1° Noviembre, 1866 EL GERENTE EL PRESIDENTE 5 5 |
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| Reverse lettering | EL BANCO ARGENTINO CINCO PESOS 5 5 5 |
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| Comments |
The Banco Argentino operated out of Rosario during a period when Argentina's interior provinces were running well ahead of any coherent national banking framework. Buenos Aires did not establish the Banco Nacional until 1872, so provincial commercial banks like this one filled the void, each issuing their own notes with varying degrees of public confidence. The denomination in reales plata boliviana is telling — the Bolivian silver real was still functioning as a practical unit of account in the Argentine interior long after Spanish colonial coinage had formally ceased.
ABNC's involvement was typical of the period's South American commissions, with engraved plates shipped from New York to back institutions that sometimes survived only a few years of operation.