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20 Pesos Bolivianos

Issuer Banco Oxandaburu y Garbino
Year 1869
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Value 20 Pesos Bolivianos
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Obverse description The obverse presents a central vignette of a busy ox-cart scene with wagons and figures, set within an ornate engraved frame. To the lower left appears a seated indigenous figure, while a female portrait vignette occupies the lower right corner. The denomination numeral '20' is repeated in each upper corner, with the serial number printed twice across the note.
Obverse lettering BANCO OXANDABURU Y GARBINO
PAGARA AL PORTADOR A LA VISTA
VEINTE PESOS BOLIVIANOS
Gualeguaychú, 2 de Enero de 1869
No. 05578
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Comments

Banco Oxandaburu y Garbino was a private commercial bank operating out of Potosí during Bolivia's brief experiment with free banking in the late 1860s. The period produced a handful of short-lived issuing institutions, most of which collapsed or were absorbed within a decade as the Bolivian state moved to consolidate monetary authority. This note is among the rarer survivors of that episode.

The "Pesos Bolivianos" denomination places it firmly before the 1963 monetary reform — but more immediately, before the 1870s fiscal pressures that killed off most of the private banks in the Potosí region entirely.

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