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10 Pesos
| Issuer | Provincia de Corrientes |
|---|---|
| Year | 2001 |
| Type | Local banknote |
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| Obverse description | The obverse is divided into two main zones: at left, the denomination '10 / DIEZ PESOS' is printed vertically in green; the central area carries the title 'PROVINCIA DE CORRIENTES' at top, followed by the full instrument title 'CERTIFICADOS DE CANCELACION DE OBLIGACIONES DE LA PROVINCIA DE CORRIENTES CECACOR' in bold letterpress, with printed fields indicating Decreto-Ley No. 1/99, emission date (15/02/2001), amortization date (15/08/2002), and the bearer clause 'AL PORTADOR', along with two manuscript signatures for the Ministro de Hacienda y Finanzas and the Interventor Federal de la Provincia de Corrientes. At right, the Argentine national coat of arms is rendered as a detailed vignette on a fine guilloche underprint, with the series letter 'C' and a six-digit serial number in the upper corners. |
|---|---|
| Obverse lettering | PROVINCIA DE CORRIENTES CERTIFICADOS DE CANCELACION DE OBLIGACIONES DE LA PROVINCIA DE CORRIENTES CECACOR DECRETO - LEY Nº 1/99 AL PORTADOR FECHA DE EMISION: 15/02/2001 AMORTIZACION DE CAPITAL E INTERESES VENCIMIENTO: 15/08/2002 MINISTRO DE HACIENDA Y FINANZAS INTERVENTOR FEDERAL DE LA PROVINCIA DE CORRIENTES SERIE C DIEZ PESOS 10 |
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| Comments |
Corrientes province issued its own emergency quasi-currency — the "Cecacor" — in 2001 when the Argentine federal government's convertibility regime had choked the provinces of liquidity. These notes functioned as wage and supplier payments when the province simply had no access to pesos. Corrientes was among the most fiscally distressed provinces in the country at that point, having already been placed under federal intervention in 1999 following a budget crisis that shut down public services for months.
The Cecacor series circulated alongside similar instruments from other provinces — Patacones in Buenos Aires, Lecops federally — but Corrientes issued in comparatively small quantities, making survivors harder to locate than the better-documented Buenos Aires issues.