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20 Pesos Fuertes

Issuer Banco Mauá y Ca., Rosario
Year 1868
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Shape Rectangular
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Obverse description The obverse is laid out with an ornate guilloche border in pink and red tones, with the denomination numeral '20' repeated in each corner. At upper centre, the bank title 'Banco Mauá & Cia.' is set in bold letterpress script, flanked to the right by an oval intaglio portrait vignette of a gentleman in formal 19th-century attire. To the lower left, a small landscape vignette with a rural scene is set within a decorative frame, alongside a serial number field and date line. The central text panel bears the promise to pay inscription in Spanish.
Obverse lettering Banco Mauá & Cia.
Nº 002719
20 PESOS FUERTES
VALE POR VEINTE PESOS FUERTES
En la presentación de este billete pagaremos al portador VEINTE PESOS FUERTES
Rosario,
Valor Veinte Pesos
VEINTE PESOS
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Comments

Banco Mauá y Ca. was the Argentine arm of Irineu Evangelista de Sousa's sprawling commercial network — Barão de Mauá, the Brazilian financier whose banking operations extended across the Río de la Plata basin throughout the 1860s. The Rosario branch issued notes independently from the Buenos Aires operation, giving this note a distinct regional identity within the same institutional family.

By 1875, Mauá's empire had collapsed under the combined pressure of Brazilian monetary policy, the financial aftermath of the Paraguayan War, and overextension across too many markets. The bank's Argentine notes became worthless almost overnight, which makes surviving unredeemed examples more common than post-collapse redemptions would have produced.

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