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16 Centésimos de Peso de Oro

Issuer Banco de la Provincia de Buenos Aires
Year 1881
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Composition Cotton paper
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Obverse lettering BANCO DE LA PROVINCIA DE BUENOS AIRES
1º DE ENERO DE 1883
No.
pagará al portador y á la vista
DIEZ Y SEIS CENTESIMOS DE PESO DE ORO
determinados por la Ley Nacional de 8 de Noviembre de 1881
INSPECTOR
PRESIDENTE
American Bank Note Co. New York
0.16
Reverse description The reverse is printed as a mirror image of the obverse, rendered in lighter intaglio, with the central denomination text DIEZ Y SEIS CENTESIMOS DE PESO DE ORO legible in reverse through the paper. The two portrait vignettes and the guilloche numerals 0.16 are visible as show-through impressions, and the bank title inscription is discernible across the upper field in reverse orientation.
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Comments

The Banco de la Provincia de Buenos Aires was the dominant financial institution in Argentina through much of the nineteenth century, and this fractional note belongs to a series issued as the country attempted to stabilize its monetary system following decades of currency disorder. The 16 centésimos denomination is peculiar — fractional notes of this specific value are uncommon in Latin American issues of the period, and the denomination itself reflects the awkward conversion arithmetic involved in transitioning from the old peso moneda corriente to the peso de oro system formalized by the 1881 monetary law.

ABNC printed extensively for Argentine institutions during this period, with the province of Buenos Aires among their most consistent clients.

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