Catalog
10 Pesos
| Issuer | Banco de Buenos Ayres |
|---|---|
| Year | 1823-1824 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | EL BANCO DE Buenos Ayres Promete pagar al portador y á la vista la cantidad de Diez Pesos en moneda metálica. BUENOS AYRES Por los Directores y Accionistas. Contador Presidente |
| Reverse description | The reverse of this note is blank, with no printed or engraved design elements, consistent with early nineteenth-century Argentine provincial paper currency of this type. |
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| Comments |
The Banco de Buenos Ayres was the first bank established in what is now Argentina, founded in 1822 under the direction of Bernardino Rivadavia as part of a broader program of institutional modernization for the newly independent province. It had a short, troubled life — a currency crisis and political pressure forced it to suspend specie payments within a few years, and the bank was ultimately absorbed into a successor institution in 1826.
Printed locally in Buenos Aires rather than by one of the established European security printers, the note reflects the limited production infrastructure of a young provincial administration still building its financial institutions from scratch. Local printing of this period is generally considered a vulnerability in the series — quality control was inconsistent.