10 Pesos

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.