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10 Pesos
| Issuer | Provincia de Catamarca |
|---|---|
| Year | 1993-1998 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | PROVINCIA DE CATAMARCA RECONOCERA POR ESTE TITULO PUBLICO AL PORTADOR - LEY 4748 SERIE No MINISTRO DE HACIENDA Y FINANZAS GOBERNADOR CATEDRAL BASILICA NUESTRA SEÑORA DEL VALLE DIEZ PESOS (Translation: PROVINCE OF CATAMARCA / WILL RECOGNIZE BY THIS PUBLIC TITLE TO THE BEARER - LAW 4748 / SERIES No / MINISTER OF FINANCE / GOVERNOR / CATHEDRAL BASILICA OUR LADY OF THE VALLEY / TEN PESOS) |
| Reverse description | The reverse is set out entirely in letterpress text presenting the full text of Ley No. 4748, arranged in numbered articles across the face of the note, with the provincial coat of arms appearing at the upper right. The legal provisions govern the issuance, acceptance, and redemption of the Títulos Públicos by provincial and municipal authorities. A guilloche border frames the reverse, and a diamond-shaped security element appears at the lower right margin. |
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| Comments |
Catamarca's provincial quasi-currency emerged from the fiscal chaos of Argentina's Convertibility period, when many provinces — unable to run deficits under federal monetary rules — began issuing their own interest-bearing bonds that circulated as de facto banknotes. These instruments, generically called "cuasimonedas," were technically debt obligations of the provincial government rather than legal tender, a distinction that mattered enormously on paper and almost nowhere in daily commerce.
Ciccone Calcografica, Buenos Aires's principal security printer through this period, produced notes for several provinces simultaneously, which occasionally created superficial design similarities across different issuers. The Catamarca series ran through the late 1990s before the 2001–2002 crisis forced a national reckoning with all provincial quasi-currencies, most of which were eventually redeemed at negotiated rates against the restructured peso.