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10 Australes

Issuer Provincia de Tucumán
Year 1987
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Currency Austral (1985-1991)
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Obverse description Light blue and green note with a fine guilloche underprint across the entire face. At centre, a circular vignette bears the provincial coat of arms with two facsimile signatures below, identified as Ministro de Economia and Gobernador. The denomination A10 appears in a stylised cartouche at right, with the value in words — Diez Australes — repeated at lower left and lower right. Serial number in red appears at upper right and lower left.
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Reverse description Light blue and green reverse, dominated by fine guilloche borders at left and right margins. The central area carries a multi-article legal text printed in small letterpress typeface, setting out the authorising legislation for the debt-cancellation bond issue. The heading at top repeats the province and bond series title, with the decree reference DECRETO N° 2144/3 (SH) - 1987 printed at the foot.
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Comments

Tucumán's 1987 austral emergency notes were issued under the provincial "bonos" system that proliferated across Argentina as the national government struggled to meet public salary obligations during a severe fiscal crisis. Provinces essentially issued quasi-currency to pay employees and contractors, knowing these instruments would circulate locally by necessity rather than by law.

The austral itself had only been introduced nationally in 1985 as part of the Alfonsín government's Austral Plan — a stabilization attempt that was already unraveling by the time Tucumán printed these notes. Provincial issues like this one complicate the numismatic record considerably, as print runs and surviving quantities were rarely documented.

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