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10 Pesos Plata Boliviana

Issuer Banco Comercial de Santa Fé
Year 1869
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Value 10 Pesos Plata Boliviana
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Reverse description The reverse is printed entirely in rose-pink ink with an intricate guilloche pattern filling the entire surface. Two large octagonal medallions, each bearing the numeral 10, are positioned at the left and right, flanked by ornate lace-like geometric borders. At the centre, an oval cartouche formed by dense guilloche work carries the three-line inscription EL BANCO COMERCIAL DE SANTA FE in bold serif capitals.
Reverse lettering EL BANCO COMERCIAL DE SANTA FE
10
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Comments

The Banco Comercial de Santa Fé operated during a period when Argentine provincial banking was essentially unregulated — each province could charter its own note-issuing institutions, and the results were predictably chaotic. Santa Fé's commercial banks were among the more aggressive issuers, and their notes frequently circulated at a discount outside the province.

The denomination in Pesos Plata Boliviana is the telling detail here. Bolivia's silver peso had long served as a de facto trading currency across the Río de la Plata interior, and denominating in it — rather than in Pesos Fuertes or the provincial moneda corriente — signaled this note was aimed at merchants engaged in the Andean trade routes rather than local retail transactions.

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