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20 Pesos Bolivianos

Issuer Oxandaburu y Garbino
Year 1867
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Composition Paper
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Obverse lettering VEINTE PESOS B.os
OXANDABURU Y GARVINO
VEINTE PESOS
BOLIVIANOS
PAGARÁN AL
PORTADOR A LA VISTA
Gualeguaychú, Diciembre 1° de 1867
Por Oxandaburu y Garvino
20
Reverse description Uniface reverse printed in grey-brown, dominated by a large central guilloche rosette incorporating the numeral 20, flanked by the words VEINTE and PESOS within oval cartouches. The firm name OXANDABURU Y GARVINO is inscribed across the top and GUALEGUAYCHU along the lower portion, with corner medallions bearing the numeral 20. The overall design relies on lathe-work geometric patterns forming the principal decorative border.
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Comments

Oxandaburu y Garvino was a commercial house operating out of Gualeguaychú, Entre Ríos province, issuing private paper currency during a period when Argentine provincial commerce ran well ahead of any coherent national monetary framework. These notes circulated locally as a substitute for hard currency that was genuinely scarce in the interior — not a banking institution in any formal sense, but a merchant firm whose credit was apparently trusted enough to float paper obligations denominated in Bolivian pesos, the unit then dominant in cross-border trade through the Río de la Plata region.

PS prefix in the Pick catalog places this squarely in private scrip territory. Survivors are rare.

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