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20 Centavos
| Issuer | Banco de la Nación Argentina |
|---|---|
| Year | 1892-1893 |
| Type | Standard circulation banknote |
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| Obverse description | Portrait vignette of Lieutenant General Bartolomé Mitre to the left, with the Argentine National Shield to the right. The note carries extensive intaglio-printed text across the face, including the issuing authority, date, promise to pay, and the authorizing law number, all set within a fine guilloche border. |
|---|---|
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| Reverse description | Central circular vignette of a bull's head in finely engraved intaglio, set within an elaborate guilloche framework with the numeral 20 appearing in ornate cartouches at left and right. The printer's imprint runs in small text along the lower margin. |
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| Comments |
The South American Bank Note Company operated in Buenos Aires as a local subsidiary printing operation, and this fractional note is among the earlier examples of Argentine national banking paper produced domestically rather than sent to London or New York. The 1892–1893 dating places this issue squarely in the aftermath of the Baring Crisis — the near-collapse of Baring Brothers in 1890 had been triggered largely by overextended Argentine sovereign debt, and the years following saw the Banco de la Nación Argentina, founded in 1891 to replace the failed Banco Nacional, scrambling to establish credible small-denomination circulation.
Fractional centavo notes from this period survive poorly; they circulated hard and were treated as disposable.