Catalog
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| Issuer | Banco de Buenos Ayres |
|---|---|
| Year | 1822 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Peso (1822-1826) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO DE BUENOS-AYRES Promete pagar à la vista y al portador la cantidad de ___ pesos en moneda metálica Por los Directores y Accionistas Cont.r Presid.te |
| Reverse description | The reverse is unprinted, left plain with no design elements or lettering, consistent with early South American private bank issues of the 1820s. |
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| Comments |
The Banco de Buenos Ayres was the first formal banking institution established in the Río de la Plata region, founded in 1822 under the government of Martín Rodríguez and his influential minister Bernardino Rivadavia. Its note issue was short-lived: the bank collapsed in 1826 under the financial strain of the war with Brazil and reckless lending practices, leaving a significant portion of its paper unredeemed.
Surviving examples of this 1822 series are genuinely rare precisely because so little circulated under stable conditions. Most notes returned to the issuer in distressed form or disappeared in the chaos of the bank's liquidation.