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10 Pesos Banco de La Alianza
| Issuer | Banco de La Alianza |
|---|---|
| Year | 1878 |
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| Reference(s) | P#S128 |
| Obverse description | Black intaglio on green and red-brown underprint, with a portrait vignette of conquistador Pedro de Valdivia at left, a central condor vignette, and the Chilean Coat of Arms at right. The note is perforated CANCELADO indicating cancellation. Printed by the American Bank Note Company, New York. |
|---|---|
| Obverse lettering | EL BANCO DE LA ALIANZA Pagará al portador á la vista en Santiago Santiago, Enero 2 de 1878. DIEZ PESOS MONEDA CORRIENTE American Bank Note Company, New York (Translation: The Bank of La Alianza Will pay to bearer at sight in Santiago Santiago, January 2, 1878. Ten Pesos in currency) |
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| Comments |
Banco de La Alianza was one of several provincial Argentine banks that briefly held note-issuing authority during the fractured banking era of the 1870s, before the national government moved to consolidate monetary control. The American Bank Note Company produced paper for dozens of such institutions simultaneously, which means the underlying plate quality is high — far better than the financial staying power of most of these banks warranted.
Whether Banco de La Alianza ever redeemed its notes in full is doubtful. Many provincial issuers of this period collapsed or were absorbed before circulation ran its course, leaving outstanding notes unredeemed and survivors drifting into collections rather than back to the bank.