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20 Centavos

Issuer Banco de la Nación Argentina
Year 1895-1896
Type Standard circulation banknote
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Obverse lettering REPÚBLICA ARGENTINA 20 BUENOS AIRES, 19 DE JULIO DE 1895. LA NACION PAGARÁ AL PORTADOR Y Á LA VISTA POR MEDIO DEL BANCO DE LA NACION ARGENTINA VEINTE CENTAVOS LEY Nº 2707 DE 21 DE AGOSTO DE 1890.
(Translation: Republic of Argentina Buenos Aires, July 19, 1895. The Nation will pay to bearer at sight through the Bank of the Argentine Nation Twenty Centavos Law No. 2707 of August 21, 1890.)
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Variants P#229a - issued note
P#229s - specimen
Comments

The Banco de la Nación Argentina was itself only founded in 1891, replacing the failed Banco Nacional that had collapsed amid the Baring Crisis — the sovereign debt catastrophe that nearly bankrupted Argentina and destabilized London's financial markets simultaneously. These fractional centavo notes were issued into that recovery period, when small-denomination paper was still needed to fill the gap left by scarce coin in everyday transactions.

Bradbury Wilkinson's involvement was typical for South American issuers of the period seeking security printing of demonstrable quality. The London connection was purely commercial.

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