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2 Pesos

Issuer Banco Provincial de Santa Fé
Year 1888
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Shape Rectangular
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Reverse description The reverse is dominated by a large central allegorical vignette in dark brown intaglio, depicting a group of classical figures including putti and a standing Mercury-like figure with caduceus, arranged around a plinth bearing the Argentine national coat of arms, set within an arched guilloche border. The denomination numeral '2' appears in plain circles at the upper left and upper right corners. Two blocks of legal text in Spanish are printed in small letterpress type along the lower left and right margins.
Reverse lettering 2
2
LOS QUE FALSIFIQUEN O ALTEREN BILLETES DE LOS AUTORIZADOS POR ESTA LEY Y AN EL BANCO EN BILLETES EQUIVALENTES QUEDARÁN SUJETOS A LAS PENAS QUE MARCA LA LEY DE 14 DE SETIEMBRE 1863
EL BANCO ES RESPONSABLE CON ARREGLO A SUS ESTATUTOS A LA RESPONSABILIDAD EN QUE PUEDA INCURRIR...
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Comments

The Banco Provincial de Santa Fé was one of several Argentine provincial banks authorized to issue their own currency under the 1887 Ley de Bancos Garantidos, which required note emissions to be backed by national government bonds. The system collapsed spectacularly in 1890 when the Baring Crisis triggered a run on provincial banks across Argentina — the Santa Fé institution among them. Notes issued in 1888 fall squarely within that brief window of legally mandated but ultimately unsustainable provincial emission.

ABNC's involvement was near-universal among Argentine provincial issuers of this period; the company held a dominant position in South American government and banking contracts throughout the late nineteenth century.

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