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2 Pesos

Issuer Banco de la Provincia de Buenos Aires
Year 1881
Type Local banknote
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Obverse description Brown note with an intricate guilloche border running along all edges. At left, a vignette portrait of a bearded gentleman in a rectangular frame beneath the legend BANCO DE LA and the word DOS; at center, a circular vignette of a bull within a fine guilloche underprint, overlaid by a circular cancellation stamp; at right, a smaller portrait of a clean-shaven gentleman above the title PRESIDENTE and the large numeral 2 in an ornate corner tablet. The denomination DOS PESOS appears in bold letterpress at center, with the legal basis inscription MONEDA NACIONAL, ORO, SEGUN LEY DE 5 DE NOVIEMBRE DE 1881 below, and two manuscript signatures across the lower portion.
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Reverse lettering BANCO DE LA
PROVINCIA
DE BUENOS AIRES
2
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Comments

The Banco de la Provincia de Buenos Aires was one of the few provincial institutions to survive the financial centralization battles of the 1880s relatively intact, largely because Buenos Aires province had refused to federalize its capital until 1880 — and the bank's note-issuing activity in the immediate aftermath reflects that uneasy transition. This 1881 emission came just as the national government was asserting monetary authority and provincial banks were on borrowed time.

ABNC produced the plates in New York; the series was engraved to a high standard consistent with the company's South American commissions of the period. Provincial bank paper from this window rarely survived circulation in quantity.

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