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10 Pesos

Issuer Provincia de Catamarca
Year 2001
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Shape Rectangular
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Obverse lettering PROVINCIA DE CATAMARCA
RECONOCERA POR ESTE
TITULO PUBLICO AL PORTADOR
LEY 4748
SERIE A
DIEZ PESOS
CATEDRAL BASILICA DE NUESTRA SEÑORA DEL VALLE
MINISTRO DE HACIENDA Y FINANZAS
GOBERNADOR
Reverse description The reverse is printed primarily in rose-pink and cream tones, dominated by the full text of Ley 4748 set in multiple articles across the face of the note. A large decorative guilloche rosette is printed in the right margin as an underprint security element. The heading 'LEY 4748' appears at the top center above the dense legal text.
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Comments

Argentina's provinces began issuing quasi-currency — known as "lecops" or, more specifically by province, under various local names — as the national economy collapsed in 2001. Catamarca's emission was authorized under provincial emergency legislation as federal transfers dried up and the provincial government needed to pay wages and suppliers. These notes circulated alongside, and often instead of, federal pesos in local commerce.

The national government eventually absorbed and cancelled most provincial paper through a 2002–2003 redemption program. Catamarca's issues were among the smaller-volume emissions, making surviving circulated examples harder to locate than the more heavily printed Patacones of Buenos Aires province.

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