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10 Pesos Bolivianos

Issuer Banco Paraná
Year 1868
Type Local banknote
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Obverse lettering BANCO PARANÁ
PARANÁ
Serie A.
Abril 1º de 1868.
PAGARÁ
EL BANCO PARANÁ
DIEZ PESOS PLATA BOL.ª
ó su equivalente al portador de este billete.
POR EL BANCO
Banco Paraná
Reverse description The reverse is printed in a uniform terra-cotta red, centred on a large oval vignette of an agricultural or industrial scene with a steam-powered locomotive and harvesting machinery in a landscape, enclosed within an elaborate guilloche border. Denomination numeral '10' is repeated in oval panels at left and right, and the word 'PARANÁ' appears in large capitals along the lower margin. The legend 'DIEZ PESOS BOLIVIANOS' runs along both the top and bottom borders of the note.
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Comments

Banco Paraná was one of several provincial Argentine banks that began issuing paper currency in the 1860s under legislation that gave provincial governments wide latitude to charter note-issuing institutions. The Entre Ríos province bank that bears this name should not be confused with the Paraguayan or Bolivian institutions of similar naming — the "Pesos Bolivianos" denomination reflects the monetary unit then current in Argentina, inherited from earlier regional practice, not any Bolivian connection.

American Bank Note Company had become the dominant supplier to South American issuers by this period, and the engraved plates produced in New York were typically of considerably higher quality than anything available locally. Whether the notes reached general circulation in meaningful quantity is unclear — provincial bank failures in this decade were common, and many issues were short-lived.

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