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2 Pesos

Issuer Banco Provincial de San Juan
Year 1888
Type Local banknote
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Obverse lettering REPUBLICA ARGENTINA
SERIE 011
DOS PESOS
REPUBLICA ARGENTINA
PROVINCIAL DE SAN JUAN
Ley 16 Octubre 1891
BUENOS AIRES
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Reverse lettering 2
2
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Comments

Banco Provincial de San Juan was one of several Argentine provincial banks issuing their own currency during the 1880s, a period when Buenos Aires had not yet consolidated monetary authority across the provinces. The national banking law of 1887 actually encouraged this proliferation briefly before the whole edifice collapsed — the Baring Crisis of 1890 and the subsequent monetary reforms effectively ended provincial note issuance, making this series short-lived almost by design.

ABNC produced the plates in New York, as they did for a significant portion of Argentine provincial paper from this decade. San Juan's geographic isolation — a small Andean province far from the financial centers of the littoral — meant these notes rarely traveled and circulated hard within a narrow region.

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