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1 Real Plata Boliviana

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.

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