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10 Pesos Plata Boliviana
| Issuer | Banco Argentino, Paraná |
|---|---|
| Year | 1873 |
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| Shape | Rectangular |
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| Obverse lettering | EL BANCO ARGENTINO DIEZ PESOS Pagaré a la vista DIEZ PESOS plata boliviana o su equivalente en moneda de ley Paraná 1.o de Julio de 1873 EL GERENTE EL PRESIDENTE Compañía Americana de Billetes de Banco-Nueva York 10 |
| Reverse description | Printed entirely in rose-red, the reverse is arranged with three large circular guilloche medallions disposed horizontally within a finely engraved geometric border. The left and right medallions each carry the Roman numeral 'X' at centre, while the larger central medallion bears the two-line inscription 'EL BANCO ARGENTINO' enclosed by intricate lathe-work rosette patterns. Ornamental corner devices and a repeating guilloche frame complete the design. |
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| Comments |
Banco Argentino operated out of Paraná, capital of Entre Ríos province, during a period when Argentine provincial banking was effectively unregulated. The 1863 National Bank Law had failed to impose order, and private banks of issue proliferated through the 1860s and 1870s, many backed by questionable reserves. Banco Argentino was among them — chartered under provincial authority rather than federal oversight, which gave it latitude to issue currency denominated in pesos plata boliviana, the silver-based unit then common in the Río de la Plata region.
The American Bank Note Company contract places this squarely within a wave of Latin American provincial issuers who turned to New York engravers for credibility their own balance sheets couldn't provide.