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20 Pesos

Issuer Provincia de Buenos Aires
Year 1869
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Shape Rectangular
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Obverse description Black and green note with an elaborate engraved border of fine guilloche work. At centre, a portrait vignette of a uniformed military figure in intaglio, flanked left and right by allegorical female figures in seated poses. The denomination numeral '20' appears in circular panels at upper left and upper right. Across the upper portion the text 'PROVINCIA DE BUENOS AYRES' arches in bold letterpress, with 'VEINTE PESOS' in large script below the portrait. Date 'l° Enero de 1869' is inscribed in manuscript, and a serial number appears on a pink underprint band across the lower centre.
Obverse lettering PROVINCIA DE BUENOS AYRES
RECONOCE ESTE BILLETE POR
VEINTE PESOS
moneda corriente
l° Enero de 1869
Por el Directorio del Banco
Compañía Americana de Billetes de Banco Nueva York
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Comments

The Provincia de Buenos Ayres operated its own note-issuing apparatus independently of the Argentine federal government well into the 1860s and 1870s — a consequence of the prolonged constitutional standoff between Buenos Aires province and the Confederation that had only nominally been resolved in 1861. This note was issued under that provincial banking framework, before federalization of the currency system gradually stripped the province of autonomous emission rights.

American Bank Note Company held the contract for much of Buenos Aires' provincial paper at this period. The PS prefix in the Pick reference signals private or quasi-governmental issuer status — this sits outside the main national series entirely.

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