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1 Real Plata Boliviana
| Issuer | Banco Comercial de Santa Fé |
|---|---|
| Year | 1867 |
| Type | Local banknote |
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| Obverse description | The obverse carries the bank title EL BANCO COMERCIAL DE SANTA FE in an arc across the top, flanking a central vignette of two allegorical figures. To the left, a standing figure holds a cornucopia, while the numeral 1 appears in an oval cartouche at lower left. The date MAYO 1° DE 1867 and place name ROSARIO are inscribed in the lower register, with a two-line promise-to-pay text reading Pagará á la vista UN REAL plata boliviana al portador de este billete, followed by manuscript signatures. |
|---|---|
| Obverse lettering | EL BANCO COMERCIAL DE SANTA FE 1 REAL A. N° ROSARIO MAYO 1° DE 1867 099350 Pagará á la vista UN REAL plata boliviana al portador de este billete |
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| Comments |
Banco Comercial de Santa Fé was one of the provincial free-banking era institutions that proliferated in Argentina following the 1862 banking law, which allowed provincial governments to charter note-issuing banks without federal oversight. The denomination itself — Real Plata Boliviana — reflects a monetary environment still anchored to fractional Spanish colonial units years after independence, at a moment when Argentina had no unified national currency and Bolivian silver coinage remained the practical small-change standard across the interior provinces.
PS#1588 is among the scarcer Santa Fé provincial issues. The free-banking period ended abruptly with the 1875 provincial bank failures and subsequent federal intervention.