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20 Pesos
| Issuer | Banco Provincial de Córdoba |
|---|---|
| Year | 1889 |
| Type | Log in to see details |
| Value | 20 Pesos |
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| Composition | Log in to see details |
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| Obverse description | Black intaglio print on white paper. At upper left, the bank title 'BANCO PROVINCIAL DE CÓRDOBA' appears in large lettering beneath which a secondary inscription reads 'SECCIÓN HIPOTECARIA / BONO AGRÍCOLA INDUSTRIAL'. A circular portrait vignette at left centre shows a bearded male figure in formal attire. To the right, an allegorical female figure in classical robes reclines amid agricultural and industrial implements, holding a staff and globe. The central text panel bears the promise-to-pay legend in Spanish, with the denomination 'Veinte Pesos' and the notation 'moneda nacional', dated Córdoba, Enero 1ro, 1889. The numeral '20' appears in the upper and lower right corners. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Printed in red-orange on white paper, the reverse centres on a large landscape vignette of a dam or weir across a river valley with mountains in the background, executed in fine line engraving. The word 'BANCO' appears in an oval cartouche at the top centre, while 'PROVINCIAL DE CORDOBA' is set in an oval panel at the bottom centre. The denomination numeral '20' is repeated in large format at both the lower left and lower right, each framed within elaborate guilloche rosette medallions. A continuous border of interlocking guilloche roundels frames the entire composition. |
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| Comments |
The Banco Provincial de Córdoba was one of several Argentine provincial banks printing their own currency during the 1880s boom — a period of reckless credit expansion backed by mortgages on land whose value existed largely on paper. When the system collapsed in 1890 with the Baring Crisis, most of the provincial banks were liquidated or absorbed, and their note issues became worthless almost overnight. This 1889 date puts the note at the very peak of that bubble, issued just months before the crash.
The American Bank Note Company held contracts with numerous South American issuers during this period, producing notes in New York that would never survive to see redemption.