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10 Pesos Bolivianos

Issuer Banco Oxandaburu y Garbino
Year 1869
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Value 10 Pesos Bolivianos
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Obverse description The obverse is printed in dark brown and black on cream paper, with the bank title BANCO OXANDABURU Y GARBINO arched across the upper portion within a ruled border. A central vignette presents a gaucho on horseback flanked by a standing female figure, rendered in fine intaglio engraving. Numerals '10' appear within ornate lathe-work frames at upper left and right, with a seated male figure vignette at lower left and a horse's head vignette at lower right; the denomination DIEZ PESOS BOLIVIANOS is inscribed in bold letterpress across the lower centre.
Obverse lettering BANCO OXANDABURU Y GARBINO
PAGARA AL PORTADOR Y A LA VISTA
DIEZ PESOS BOLIVIANOS
O SU EQUIVALENTE EN MONEDA LEGAL
DIEZ
10
Gualeguaychú, 26 de agosto de 1869
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Comments

Banco Oxandaburu y Garbino was one of Bolivia's earliest private banking ventures, operating out of Potosí at a moment when the Bolivian government had not yet established a central bank and private commercial banks were issuing their own notes under relatively loose oversight. The 1860s saw a cluster of such concessions granted to merchant houses and partnerships, many of them short-lived. This bank was no exception — its issuing period was brief, and PS#1804 survivors are genuinely uncommon.

The "Pesos Bolivianos" denomination places this firmly before the 1864 monetary reform's effects had fully standardized private issue nomenclature, and well before the 1908 Banco de la Nación Bolivia absorbed the private issue function entirely.

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