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20 Pesos de Oro

Issuer Banco de la Provincia de Buenos Aires
Year 1881
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Reference(s) P#S540
Obverse description Black intaglio print on white paper with a central vignette of a gaucho scene flanked by two portrait vignettes of military figures in uniform, one to the left and one to the right. A circular guilloche medallion bearing the numeral '20' appears between the left portrait and the central vignette, with the bank title 'EL BANCO DE LA PROVINCIA DE BUENOS AIRES' across the top and the denomination 'VEINTE PESOS' in large letters along the lower portion. Two manuscript signatures appear at the bottom with the printed titles 'POR EL...' on each side, and the imprint 'American Bank Note Co. New York' is visible at the lower center.
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Reverse lettering EL BANCO DE LA
PROVINCIA DE BUENOS AIRES
20
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Comments

The Banco de la Provincia de Buenos Aires — not to be confused with the national Banco de la Nación Argentina, founded a decade later — was one of the oldest and most influential provincial issuing banks in the country, operating under a charter that predated Argentine national unification. By 1881, provincial note issuance was already under political pressure from Buenos Aires city's federalization the previous year, which had dramatically complicated the relationship between provincial and national monetary authority.

ABNC's work for Argentine provincial banks in this period was produced from their Maiden Lane facilities. PS#540 sits in a series that circulated through a banking system still years away from forced consolidation under the 1890 crisis.

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