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10 Pesos
| Issuer | Banco de la Provincia de Buenos Aires |
|---|---|
| Year | 1881 |
| Type | Log in to see details |
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| Reference(s) | P#S564 |
| Obverse description | The obverse is printed in black on white paper with red serial numbers. At center, a large vignette depicts an ox-drawn covered wagon in a rural landscape. To the left, a portrait of a military figure in uniform faces right, and to the right, a second portrait of a bearded dignitary in formal attire faces left. The bank title PROVINCIA DE BUENOS AIRES arches across the top, flanked by the numeral 10 on both sides, with the denomination DIEZ PESOS in bold letterpress at center below the vignette. |
|---|---|
| Obverse lettering | BANCO DE LA PROVINCIA DE BUENOS AIRES DIEZ PESOS PAGARA AL PORTADOR Y A LA VISTA MONEDA NACIONAL, ORO, SEGUN LEY DE 5 DE NOVIEMBRE DE 1881 AMERICAN BANK NOTE CO. NEW YORK |
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| Comments |
The Banco de la Provincia de Buenos Aires was one of the few provincial banks still issuing its own currency in 1881, operating in uneasy parallel with the nascent national monetary system that Buenos Aires had been resisting for years. The province had its own banking tradition predating the Argentine Confederation itself, and the continued issuance of provincial notes into the 1880s reflected that institutional stubbornness as much as any practical necessity.
ABNC produced the series from their New York facilities, as they did for much of Latin American provincial and national banking paper in this period. The provincial bank's note-issuing authority was effectively wound down following the 1890 Baring Crisis, which collapsed the bank entirely and triggered a national financial emergency — making this 1881 issue relatively late in a troubled institutional history.