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| 正面铭文 | 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 |
| 背面描述 | The reverse, printed in the same red-pink tone, bears the heading LECOP CORDOBA / Decreto N° 2001/01 at top centre, followed by several articles of the governing decree set in small letterpress text defining the legal nature, redemption terms, interest rate, and payment schedule of the instruments. A large numeral 2 appears at the far right in a guilloche panel, and the provincial coat of arms is printed at lower right. |
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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.