Catalog
| Issuer | Banco de Buenos Ayres |
|---|---|
| Year | 1827-1829 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Peso (1826-1985) |
| Composition | Log in to see details |
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| Obverse description | Horizontal format note with the denomination numeral "150" placed at each of the four corners. Two allegorical vignettes flank the central text panel — a seated female figure to the left and a standing figure to the right — executed in early intaglio style consistent with South American provincial issues of the period. The central panel bears the bank name in bold letterpress above a handwritten promise-to-pay clause in Spanish, with the issuing location and authorization line at the foot. |
|---|---|
| Obverse lettering | EL BANCO DE BUENOS AYRES Promete pagar al portador y a la Vista la cantidad de Ciento y Cincuenta Pesos en Moneda Metálica Buenos Ayres Por los Directores y Accionistas |
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| Comments |
The Banco de Buenos Ayres was established in 1822 as the first bank in the Río de la Plata region, and its notes were printed locally rather than contracted to European firms — unusual for the period, when most Latin American issuers relied on British or French printers. This 150-peso denomination is an odd value by any standard, suggesting the bank was meeting specific commercial or payroll demands rather than following a conventional denominations ladder.
The bank collapsed in 1826 under the financial strain of the Cisplatine War and was absorbed into the state-backed Banco Nacional. Notes issued under the PS#334 series fall within the final active years before that transition, when the institution was already under severe liquidity pressure.