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20 Pesos Fuertes

Issuer Banco de Londres y Río de la Plata, Rosario
Year 1866
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Value 20 Pesos Fuertes
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Obverse description Pink and green note with an oval portrait vignette of a uniformed military figure at centre-left, framed by intricate guilloche borders. To the right, a pastoral vignette shows a figure harvesting in a field, with the bank title BANCO DE LONDRES Y RIO DE LA PLATA arched across the upper centre within an elaborate green underprint. Denomination numerals '20' appear at each corner, with ROSARIO indicated at upper right and the promise-to-pay legend in Spanish script across the central panel.
Obverse lettering REPUBLICA ARGENTINA
BANCO DE LONDRES Y RIO DE LA PLATA
20 PESOS FUERTES
Pagaremos al portador a la vista Veinte Pesos Fuertes o su equivalente en moneda de curso legal
ROSARIO
VEINTE PESOS FUERTES
20
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Comments

The Banco de Londres y Río de la Plata was the Argentine branch of the London and River Plate Bank, chartered in London in 1862 and among the first foreign commercial banks to establish a serious presence in the Río de la Plata region. The Rosario branch operated with considerable autonomy and issued its own notes distinct from the Buenos Aires branch series — hence the separate Pick Specialized numbering. By 1866, Rosario was emerging as a grain-export hub, and the branch's note issues were tied directly to trade financing rather than government debt.

The American Bank Note Company contract for this series reflects a broader pattern: Argentine provincial and private banks of the 1860s almost universally turned to New York or Philadelphia engravers rather than European ones, largely on cost and turnaround.

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