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| 正面铭文 | BILLETE DE TESORERIA de la Provincia de Santa Fé La Provincia de Santa Fé recibirá al portador este Titulo POR DIEZ PESOS MONEDA NACIONAL en pago de impuestos fiscales y de tierras públicas SANTA FÉ, 23 DE MAYO 1890 NUMERO SERIE Compañía Sud Americana de Billetes de Banco B.A. |
| 背面描述 | The reverse is printed entirely in blue, with a central oval vignette of an eagle in flight rendered in fine intaglio engraving, flanked on either side by the numeral 10 within guilloche panels. The words DIEZ and PESOS are inscribed in large bold lettering across the lower portion of the central design, and a text cartouche below the vignette reiterates the note's acceptance terms in accordance with the decree of May 1890. The overall layout is framed by an elaborate geometric guilloche border with corner rosettes. |
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The Provincia de Santa Fé notes of 1890 were issued at the worst possible moment — Argentine provincial finances were collapsing in the lead-up to the Baring Crisis, when the London banking house of Baring Brothers nearly failed under the weight of defaulted Argentine sovereign debt. Provincial paper was already distrusted before the crisis fully broke; after it, much of it became worthless in practical terms.
The Compañía Sud Americana de Billetes de Banco was Argentina's own banknote printing firm, established in Buenos Aires to reduce dependence on European printers. This note is among the earlier pieces produced domestically under that arrangement.