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5 Pesos
| Issuer | Tesorería de la Provincia de Santa Fé |
|---|---|
| Year | 1890 |
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| Currency | Peso (1826-1985) |
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| Obverse description | Printed in green and black on white paper, the obverse carries the heading BILLETE DE TESORERÍA DE LA PROVINCIA DE SANTA FE across the top, with an oval vignette at centre-left enclosing the provincial coat of arms of Santa Fé, framed by a guilloche border and six stars. To the right, a text panel in Spanish sets out the redemption obligation, with the denomination CINCO PESOS NACIONAL in bold display type; Serie A and the serial number appear at upper right, with three manuscript signatures and the date SANTA FE 23 DE MAYO 1890 below. Counter medallions bearing the numeral 5 occupy the lower-left and lower-right corners. |
|---|---|
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| Reverse description | Printed entirely in green, the reverse is covered by an elaborate guilloche underprint across the full surface, with a large central vignette within a finely engraved circular frame showing a group of deer resting and standing in a pastoral landscape. The numeral 5 appears in large counter medallions at left and right, bordered by intricate rosette and lathe-work ornaments. A rectangular text panel at lower centre carries the redemption legend in Spanish, referencing the decree of 23 de Mayo 1890. |
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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.