Catalog
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| Issuer | Provincia de Corrientes |
|---|---|
| Year | 2001 |
| Type | Local banknote |
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| Obverse description | The provincial coat of arms of Corrientes is positioned at the right, rendered in intaglio with a sunburst at its crest. The denomination '10' appears in large numerals at upper left and lower right, with 'DIEZ PESOS' in letterpress at left. The note carries the series designation 'SERIE C SEGUNDA EMISION' at top right, along with an emission date of 15/07/2001 and a maturity date of 15/08/2002, with two signature lines for the Ministro de Hacienda y Finanzas and the Interventor Federal de la Provincia de Corrientes. |
|---|---|
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| Reverse description | The reverse is devoted entirely to the printed legal text of the authorizing legislation, set in small typeface across the full face of the note. Articles 28 through 34 of Decree-Law No. 1/99, 34/00, 114/01, and 134/01, together with Decree No. 776/01, are reproduced verbatim, establishing the legal framework for the CECACOR certificates. A subtle floral guilloche underprint runs behind the text block. |
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| Comments |
Corrientes issued its own quasi-currency during the Argentine fiscal crisis, a provincial bond-note program that predated the national corralito by months. The province had been running its own parallel monetary instruments — locally called "lecops" or simply bonos — to pay public sector wages and suppliers when transfers from Buenos Aires dried up. These circulated at par with the peso in local commerce, accepted under varying degrees of coercion by provincial merchants.
Casa de Moneda printed these under contract, which gave them a surface legitimacy the cruder provincial emissions of other jurisdictions lacked. Whether that helped acceptance is another matter.