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10 Pesos

Issuer Provincia de Chaco
Year 2002
Type Local banknote
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Obverse description The obverse is printed on cream-coloured paper with a warm orange-yellow guilloche underprint. At upper left, the coat of arms of the Provincia del Chaco appears alongside the full title 'CERTIFICADOS DE CANCELACION DE OBLIGACIONES DE LA PROVINCIA DEL CHACO QUEBRACHO', followed by legal references, emission date (12 de Enero de 2002), maturity dates, and an annual interest rate of 8%. The denomination '10 / DIEZ PESOS' is printed in large green numerals and text at lower centre, with a vignette portrait of Manuel Obligado at the right, accompanied by two facsimile signatures for the Tesorero General and the Ministro de Economía, Obras y Servicios Públicos.
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Reverse description The reverse carries a dense block of legal text in Spanish on cream paper with a faint guilloche underprint, setting out the statutory basis for the Quebracho certificates under Ley N° 4951/01 and Decreto N° 2137/01, including articles authorising issuance, confirming their status as private currency, and establishing parity with the Peso de Curso Legal. The denomination '10 PESOS' is printed in green at upper right and lower left corners. The document is dated 'Resistencia, 3 de Octubre de 2001' at the foot.
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Comments

In the early 2000s, Argentina's economic collapse prompted numerous provinces to issue their own quasi-currencies — emergency instruments used to pay government wages and keep local commerce moving when federal pesos were effectively unobtainable. Chaco was among the poorest provinces in the country, and its bond-notes circulated widely among workers with nowhere else to turn.

The PS# designation remains unassigned in the standard catalogue, suggesting this particular emission is either insufficiently documented or was a late-identified local variant. Chaco issued multiple denominations during this period; separating confirmed print runs from provisional or recalled issues continues to complicate attribution.

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