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10 Pesos

Issuer Provincia de Entre Ríos
Year 2002
Type Local banknote
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Reverse description The reverse is printed entirely in dark brown on cream paper and is given over entirely to a dense block of legislative text governing the issuance of these treasury notes under the "Federal" programme, headed by the full series title along the upper margin. Multiple numbered articles of the enabling decree are set out in small typeface, establishing bearer-note status and citing a total authorised issuance of up to $100,000,000,000. The decree date PARANÁ, 31 DE DICIEMBRE DE 2001 appears at the lower right.
Reverse lettering LETRAS DE TESORERIA PARA CANCELACION DE OBLIGACIONES DE LA PROVINCIA DE ENTRE RIOS - "FEDERAL"
ARTICULO 1°
ARTICULO 8°
ARTICULO 9°
ARTICULO 10°
PARANÁ, 31 DE DICIEMBRE DE 2001
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Comments

Entre Ríos was one of several Argentine provinces that issued emergency quasi-currency during the 2001–2002 convertibility collapse, when the federal government froze bank accounts and the peso's peg to the dollar disintegrated. These provincial bonds — called *patacones* in Buenos Aires, *lecops* federally, and *federales* in Entre Ríos — circulated as de facto legal tender for wages, taxes, and retail purchases because there was simply no alternative.

Casa de Moneda printed these under contract, which gave them a degree of physical credibility the public found reassuring. Most provincials redeemed their scrip by 2003–2004 as federal transfers resumed, and surviving circulated examples typically show heavy handling from genuine day-to-day use.

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