Catalog
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| Issuer | Provincia de Córdoba |
|---|---|
| Year | 2001 |
| Type | Log in to see details |
| Value | 20 Pesos |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | The obverse is divided into two distinct panels: the left portion, printed on a light cream ground, carries two manuscript-style signatures above their respective official titles, the denomination '20' in large numeral at upper left, the provincial coat of arms at lower left, and the serial number in red. The right panel presents a warm ochre guilloche underprint with a vignette of a classical colonnaded building facade rendered in intaglio. Central text identifies the instrument as 'LETRAS DE CANCELACION DE OBLIGACIONES PROVINCIALES DE CORDOBA (LECOP CORDOBA)', with 'AL PORTADOR' and 'VEINTE PESOS VALOR NOMINAL' in bold letterpress, and the maturity date 'VENCIMIENTO 31 DE OCTUBRE DE 2004' at lower centre. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is printed on a plain cream paper ground with a large '20' in orange-brown at the upper right corner. The upper centre carries the heading 'LECOP CORDOBA' with the decree reference '(Decreto Nº 2086/01)' beneath it. The remainder of the face is occupied by three articles of dense legal text in small letterpress, setting out the statutory basis, terms, and interest conditions of the provincial debt instrument, with the provincial coat of arms vignette at the lower right. |
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| Comments |
Argentina's provinces began issuing their own quasi-currencies — known as "cuasi-monedas" — starting in 2001 as the federal government's convertibility regime collapsed and provincial treasuries ran dry. Córdoba's issue, the "Lecop" series, was among the first and largest of these emergency instruments, circulating alongside federal pesos at par for everyday transactions. At peak issuance, provincial scrip from Córdoba and a dozen other provinces accounted for a substantial fraction of money in circulation across Argentina.
These notes lost legal tender status and were redeemed by the national government in 2003, which means surviving uncirculated examples are genuinely uncommon — most were spent hard and redeemed in bulk.