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10 Centavos
| Issuer | Provincia de Tucumán |
|---|---|
| Year | 1985-1986 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | PROVINCIA DE TUCUMAN `BONOS DE CANCELACION DE DEUDAS` SERIE A LEY No 5728 AL PORTADOR . FECHA DE CADUCIDAD: 30 DE NOVIEMBRE DE 1987 `QUE EL FEDERALISMO ALIMENTE, ROJO Y CALIENTE, LA CELULA VIVA DE LA NACION`, FERNANDO RIERA, 1° de ABRIL DE 1985 (Translation: TUCUMAN PROVINCE `DEBT CANCELLATION BONDS` SERIES A LAW No 5728 TO THE CARRIER . DATE OF EXPIRY: NOVEMBER 30, 1987 `LET FEDERALISM NOURISH, RED AND HOT, THE LIVING CELL OF THE NATION`, FERNANDO RIERA, APRIL 1, 1985) |
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| Reverse lettering | PROVINCIA DE TUCUMAN - BONOS DE CANCELACION DE DEUDAS - LEY 5728 Artículo 1.- ... (Translation: TUCUMAN PROVINCE - DEBT CANCELLATION BONDS - LAW 5728 Article 1.- ...) |
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| Comments |
Tucumán's provincial emergency notes of 1985–86 were a direct consequence of the hyperinflationary collapse that was consuming Argentina's national currency. Provinces could not obtain sufficient Austral notes from the central government — the newly introduced Austral had replaced the Peso Argentino in June 1985, but supply simply could not meet demand at the provincial level — so Tucumán issued its own fractional scrip through Casa de Moneda, the same federal printer responsible for national currency production.
The arrangement was legally awkward. Provincial paper money had been constitutionally prohibited in Argentina, but the crisis created a pragmatic tolerance for it.