Catalog
20 Pesos
| Issuer | Banco de Londres y Río de La Plata, Córdoba |
|---|---|
| Year | 1869 |
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| Value | 20 Pesos |
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|---|---|
| Obverse lettering | Banco de Londres y Rio de la Plata VALE POR VEINTE PESOS VEINTE PESOS 20 VEINTE PESOS 20 Nº 004089 |
| Reverse description | The reverse is printed in a pale rose-red tone with a repeating geometric guilloche underprint across the entire surface. The denomination numeral "20" appears in each corner, and a central oval vignette carries an overprint stamp. The design is simple and uncluttered, relying on the guilloche pattern for visual security. |
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| Comments |
Banco de Londres y Río de La Plata was a British-owned commercial bank that began operations in Buenos Aires in 1863, one of several foreign institutions that moved aggressively into Argentine provincial markets during the credit expansion of the 1860s. Its Córdoba branch issued a distinct series of notes, of which PS1728 is the twenty-peso denomination — a relatively high face value for provincial circulation at that time, when most day-to-day commerce ran on far smaller amounts.
Argentine provincial banking in this period operated under loose federal oversight, and the 1876 financial crisis ultimately forced most such institutions to contract or close. Notes from the Córdoba branch are considerably scarcer than those from the Buenos Aires office.