Catalog
10 Pesos
| Issuer | Banco Nacional de las Provincias Unidas del Río de La Plata |
|---|---|
| Year | 1829 |
| Type | Local banknote |
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| Obverse description | Cream-toned note with an intricate engraved design; a central vignette at the top centre shows two allegorical figures seated flanking a third figure, framed by ornate scrollwork. The denomination '10 PESOS' appears in the upper left and is repeated in bold letterpress as 'DIEZ PESOS' within the promise-to-pay text, which reads 'Promete pagar al portador a la vista Diez Pesos en Moneda Metalica'. Two circular guilloche medallions with the numeral '10' are positioned on the left margin, and the text 'Buenos Ayres' and 'POR EL PRESIDENTE Y DIRECTORES' appear in the lower portion. |
|---|---|
| Obverse lettering | BANCO NACIONAL De las Provincias Unidas del RÍO DE LA PLATA No. 10 PESOS Promete pagar al portador a la vista DIEZ PESOS en Moneda Metalica Buenos Ayres POR EL PRESIDENTE Y DIRECTORES |
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| Comments |
The Banco Nacional de las Provincias Unidas del Río de la Plata was a short-lived institution, chartered in 1826 and forced into liquidation by 1836 after becoming entangled in the fiscal chaos of the Cisplatine War against Brazil and the chronic inability of the Argentine provincial governments to service their obligations. Notes of this bank circulated at heavy discounts almost from the outset — public confidence never fully materialized.
Printed locally in Buenos Aires rather than abroad, the production quality reflects the limitations of what was available in the Río de la Plata at the time. The PS prefix in the Pick reference indicates this catalogued as a privately issued or quasi-governmental note, a classification that understates how central this bank was to national policy under Rivadavia's administration.