Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
20 Pesos
| Issuer | Provincia de Formosa |
|---|---|
| Year | 2001 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Peso (1992-date) |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | PROVINCIA DE FORMOSA BONOS DE CANCELACION DE DEUDAS LEY N° 1.296 Y LEY N° 1.342 - DTO. N° 558/01 VEINTE PESOS Fecha de Emisión: 31 de julio de 2001 Fecha de Vencimiento: 01 de agosto de 2003 SERIE A CASA DE MONEDA SUBSECRETARIA DE HACIENDA Y FINANZAS MINISTERIO DE ECONOMIA OBRAS Y SERVICIOS PUBLICOS |
| Reverse description | Log in to see details |
| Reverse lettering | PROVINCIA DE FORMOSA BONOS DE CANCELACION DE DEUDAS Leyes N°s 1.296 y 1.342 - Decreto N° 558/01 ARTICULO 1°: Dispónese la emisión de Bonos de Cancelación de Deudas de la Provincia de Formosa... ARTICULO 5°: El pago efectuado al acreedor mediante el BOCAN-FOR... ARTICULO 8°: Los Bonos de Cancelación de Deudas de la Provincia de Formosa... ARTICULO 9°: Los Bonos de Cancelación de Deudas circularán por la simple entrega... ARTICULO 11°: Los títulos a que se refiere el presente decreto tienen la garantía del Tesoro Provincial. ARTICULO 15°: El Ministerio de Economía, Obras y Servicios Públicos será la autoridad de aplicación... |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
Formosa's 2001 emergency note is one of the provincial quasi-currencies issued during Argentina's slow-motion fiscal collapse before the December 2001 crisis forced the federal government's hand. These provincial bonds — called "Lecops" at the national level and given various local names by individual provinces — circulated as de facto currency when cash became genuinely scarce, accepted for taxes, provincial salaries, and eventually retail transactions whether merchants liked it or not.
Formosa was among the poorer, more federally dependent provinces, which made its reliance on scrip particularly acute. The PS#0 reference indicates this piece hasn't been formally catalogued in Pick's supplement — documentation on the minor provincial issues from this period remains patchy.