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5 Pesos

Issuer Tesorería de la Provincia de Santa Fé
Year 1890
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Shape Rectangular
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Obverse lettering BILLETE DE TESORERÍA
DE LA
PROVINCIA DE SANTA FE
LA PROVINCIA DE SANTA FE RECIBIRÁ AL PORTADOR ESTE TÍTULO POR
MONEDA CINCO PESOS NACIONAL
EN PAGO DE IMPUESTOS FISCALES Y DE TIERRAS PÚBLICAS
SANTA FE 23 DE MAYO 1890
SERIE A
PESOS 5 PESOS
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Reverse lettering ESTE TÍTULO SE RECIBIRÁ POR EL VALOR DE CINCO PESOS
5
EN PAGO DE IMPUESTOS FISCALES Y DE TIERRAS PÚBLICAS CONFORME AL DECRETO DE 23 DE MAYO, 1890
5
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Comments

The provincial treasury notes of Santa Fé emerged from a severe liquidity crisis gripping Argentina's interior provinces in the late 1880s. The Baring Crisis of 1890 effectively strangled credit, and Buenos Aires could not — or would not — backstop provincial finances. Santa Fé issued its own paper as a stopgap, a decision that sat in legally ambiguous territory given ongoing federal debates over currency consolidation.

Provincial treasury issues from this period were frequently refused outside their home province, limiting genuine circulation. The Caja de Conversión reforms of the early 1890s eventually rendered most of these notes obsolete, and survival rates are correspondingly low.

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