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2 Pesos

Issuer Provincia de Córdoba
Year 2001
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Value 2 Pesos
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Obverse description Printed in red-pink on white paper, the obverse carries the heading PROVINCIA DE CORDOBA / REPUBLICA ARGENTINA at top centre, with a large numeral 2 at left and a vignette of the Cabildo Histórico de Córdoba at right. Two signature lines appear at centre-left, attributed to the Ministro de Finanzas and the Secretario de Administración Financiera, beneath the instrument title LETRAS DE CANCELACION DE OBLIGACIONES PROVINCIALES DE CORDOBA (LECOP CORDOBA). The serial number and payability clause AL PORTADOR are printed in the centre field, with the maturity date VENCIMIENTO 31 DE OCTUBRE DE 2004 below.
Obverse lettering PROVINCIA DE CORDOBA
REPUBLICA ARGENTINA
LETRAS DE CANCELACION DE OBLIGACIONES PROVINCIALES DE CORDOBA (LECOP CORDOBA)
AL PORTADOR
DOS
PESOS VALOR NOMINAL
VENCIMIENTO 31 DE OCTUBRE DE 2004
MINISTRO DE FINANZAS
SECRETARIO DE ADMINISTRACION FINANCIERA
E 4016976
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Comments

Argentina's provinces began issuing their own quasi-currencies in 2001 as the federal government's convertibility regime collapsed and liquidity dried up at the provincial level. Córdoba's emission was part of this wave — these notes, generically called "lecops" or provincial bonds depending on the issuing jurisdiction, were used to pay government salaries and accepted by provincial tax offices, effectively functioning as parallel currency without ever being legal tender in the national sense.

The PS# reference being unassigned reflects how poorly documented many of these emergency emissions remain. Survivor populations vary wildly; some provincial issues were redeemed aggressively after 2003, others simply wore out in local circulation.

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