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100 Pesos
| Issuer | Provincia de Corrientes |
|---|---|
| Year | 2000 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Paper |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is covered in its entirety by the legal text of the CECACOR instrument, set in small typeface over a light guilloche underprint. The heading 'CERTIFICADOS DE CANCELACION DE OBLIGACIONES DE LA PROVINCIA DE CORRIENTES (CECACOR)' appears at the top, followed by references to Decreto-Ley N° 1/99, 34/00 and Decreto N° 1236/00. A faint vignette of a floral or citrus branch is incorporated into the security underprint at right, with the numeral '100' repeated in pale underprint at the lower right. |
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| Signature(s) | Log in to see details |
| Protection type | Serial number, Guilloche underprint |
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| Comments |
Corrientes issued its own provincial currency during the early 2000s fiscal crisis, when Argentina's federal government had effectively lost control of monetary policy and eighteen provinces resorted to quasi-monedas to meet payroll and public expenditures. These notes, sometimes called "lecops" or simply provincial bonds depending on the issuer, were accepted locally as legal tender by provincial decree but were never recognized by the Banco Central de la República Argentina as official currency.
The Casa de Moneda printing is notable — most provinces contracted the national mint for their emergency issues, lending a veneer of official legitimacy to what were essentially scrip instruments. Corrientes' fiscal position at the time was among the most precarious of any Argentine province, and the notes circulated well past their intended redemption windows.