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10 Centavos
| Issuer | Banco de la Nación Argentina |
|---|---|
| Year | 1892-1893 |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | BUENOS AIRES, MAYO 1º DE 1892. República Argentina LA NACION pagará al portador y á la vista DIEZ CENTAVOS Ley nº 2822 de 29 de Setiembre de 1891. COMPAÑIA SUD-AMERICANA DE BILLETES DE BANCO, BUENOS AIRES (Translation: Buenos Aires, May 1st, 1892 Republic of Argentina The Nation will pay to bearer on sight Ten Cents Law no. 2822 of September 29, 1891. South American Bank Note Company, Buenos Aires) |
| Reverse description | Printed in brown throughout. A central arch vignette presents a gaucho on horseback in full gallop, arm raised, rendered in fine intaglio engraving. Denomination numerals '10' appear in ornate guilloche rosettes at left and right, with the legends 'REPUBLICA' above and 'ARGENTINA' below the central vignette, flanked by intricate geometric lathe-work borders. |
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| Comments |
The South American Bank Note Company was a Buenos Aires-based subsidiary operation rather than a globally prominent security printer, and its involvement here is itself a minor historical point — Argentina was actively developing domestic printing capacity in the 1890s rather than routing all low-denomination work to London or New York. This 10 centavos note falls within a brief transitional window for the Banco de la Nación Argentina, which had only been established by law in October 1891 to replace the failed Banco Nacional.
The new institution inherited a public scarred by the 1890 Baring Crisis and the hyperinflationary collapse of the convertibility regime. Small fractional notes like this one filled a practical gap left by the near-total disappearance of coin from everyday commerce during those years.