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10 centavos

Issuer Provincia de La Rioja
Year 1986
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Value 10 Centavos (0.10 ARA)
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Obverse description Orange and yellow note with a vignette of Juan Facundo Quiroga to the right, printed in intaglio. The upper portion carries the issuer title and law reference in bold letterpress, with the text AL PORTADOR Y A LA VISTA centered below. Two manuscript signatures appear at lower center above the titles MINISTRO DE HACIENDA Y G.P. and GOBERNADOR, with the serial number and large denomination numeral A0,10 at lower right; a barcode and colored geometric underprint elements occupy the left margin.
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Reverse description The reverse is printed predominantly in orange and carries the full text of the enacting provincial legislation across the central field in small letterpress type. The denomination 0,10 appears at upper left, with DIEZ CENTAVOS in vertical lettering along the right margin. A barcode strip is present on the right edge.
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La Rioja's 1986 emergency notes are among the more unusual episodes in Argentine provincial fiscal history. Facing chronic delays in federal transfers and a provincial treasury that couldn't meet payroll, La Rioja issued its own quasi-currency — the "bocade" series — under legal authority granted to provinces during the accelerating hyperinflationary spiral that would culminate in the 1989 Austral collapse. These circulated locally as wage substitutes, accepted in provincial transactions but exchangeable at par with federal currency in theory, and at a discount in practice.

Casa de Moneda's involvement gave the notes a degree of official legitimacy uncommon in provincial scrip. Several other Argentine provinces followed with similar instruments between 1985 and 1992.