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10 Pesos

Issuer Provincia de Córdoba
Year 2001
Type Local banknote
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Obverse lettering PROVINCIA DE CÓRDOBA
REPÚBLICA ARGENTINA
LETRAS DE CANCELACION DE OBLIGACIONES PROVINCIALES DE CÓRDOBA (LECOPCÓRDOBA)
AL PORTADOR
DIEZ PESOS VALOR NOMINAL
VENCIMIENTO 31 DE OCTUBRE DE 2004
MINISTERIO DE FINANZAS
SECRETARÍA DE ADMINISTRACIÓN FINANCIERA
Reverse description The reverse is dominated by the bold heading LECOP CÓRDOBA with a reference to Decreto N° 2600/01 beneath it. The body of the note carries four numbered articles in Spanish setting out the legal basis and terms of the instrument, including denomination, interest rate, and amortisation schedule. The large numeral 10 in green appears at far right, accompanied by the provincial coat of arms at lower right. The overall layout is typographic with no pictorial vignette, printed in olive-green tones on plain paper.
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Comments

Argentina's provinces began issuing their own quasi-currencies — known as "lecops" or, more broadly, bonos de cancelación de deudas — in 2001 as the federal government's convertibility regime collapsed and provincial treasuries ran dry. Córdoba's series was among the earlier provincial emissions, used to pay state employees and suppliers who had little choice but to accept them. Acceptance by private retailers was uneven and often grudging.

The PS# designation without a catalog number reflects how poorly documented many of these emergency provincial notes remain — the literature still hasn't caught up with the sheer volume of 2001–2002 emissions.

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