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20 Centavos
| Issuer | Provincia de San Juan |
|---|---|
| Year | 1893 |
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| Value | 20 Centavos |
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| Obverse description | Brown letterpress note with dense guilloche border framing the entire face. The heading reads 'PROVINCIA DE SAN JUAN / OBLIGACIÓN / DEL MONTE DE PIEDAD' at the top center, with a reference to the authorizing law 'LEY DE 20 DE DICIEMBRE DE 1892' and the promise text 'La Tesorería de la Provincia pagará al Portador' in script. The large denomination legend 'VEINTE CENTAVOS' is printed in bold across the lower center, with a circular vignette at the right and the numeral '20' at the upper left within an ornate rosette. |
|---|---|
| Obverse lettering | PROVINCIA DE SAN JUAN OBLIGACIÓN DEL MONTE DE PIEDAD LEY DE 20 DE DICIEMBRE DE 1892 La Tesorería de la Provincia pagará AL PORTADOR VEINTE CENTAVOS SAN JUAN MINISTRO DE HACIENDA Y OBRAS PÚBLICAS SERIE 24 |
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| Comments |
San Juan's Monte de Piedad was a provincial pawnbroking institution, and these fractional obligations were issued to paper over a chronic shortage of small-denomination coinage that plagued the Argentine interior provinces throughout the 1880s and 1890s. The federal government's grip on currency issuance was tightening after the catastrophic banking collapses of 1890, but provincial quasi-fiscal instruments like these continued circulating locally out of sheer necessity — there was simply nothing else to make change with.
The Pick Society reference PS#2194 places this firmly in the specialized provincial scrip catalogue rather than mainstream Argentine national issues, reflecting its limited geographic acceptance.