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10 Centésimos de Peso de Oro
| Issuer | Banco de la Província de Buenos Aires |
|---|---|
| Year | 1881 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | P#S531 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | EL BANCO DE LA PROVINCIA DE BUENOS AIRES 1º DE ENERO DE 1883 PAGARÁ AL portador y á la vista DIEZ CENTÉSIMOS DE PESO DE ORO determinados por la Ley Nacional de 8 de Noviembre de 1881 INSPECTOR PRESIDENTE American Bank Note Co. New York DIEZ · 10 · DIEZ · 10 |
| Reverse description | The reverse is unprinted, presenting a plain cream-white cotton paper surface without any design, text, or security markings. |
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| Comments |
The Banco de la Provincia de Buenos Aires — the oldest provincial bank in Argentina, founded 1822 — issued this fractional note during a period of acute small-change scarcity that plagued the River Plate economy throughout the 1870s and into the 1880s. The centésimo denominations were a practical stopgap; silver coinage was chronically hoarded or exported, leaving commercial transactions below one peso almost impossible without paper substitutes.
The American Bank Note Company's Buenos Aires work from this period used intaglio printing of notably high quality, and the Provincia series benefited from that — the ABNC held an effective monopoly on prestige banknote printing for South American clients at this date.
PS531 falls within the fractional peso oro series, distinct from the concurrent peso moneda corriente issues, a distinction that caused persistent confusion during day-to-day commerce in 1881.