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20 Pesos Fuertes

Issuer Banco Oxandaburu y Garbino
Year 1869
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Value 20 Pesos Fuertes
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Reverse description The reverse is printed in rose-red on white paper, with an elaborate all-over guilloche pattern composed of two large circular lathe-work rosettes flanking a central oval medallion. The central medallion bears the text 'EL BANCO OXANDABURU Y GARBINO' in bold serif lettering, while the denomination '20' appears within each flanking rosette. The top and bottom margins carry the printer's imprint 'Compañia Americana de Billetes de Banco Nueva York' in fine letterpress.
Reverse lettering EL BANCO
OXANDABURU
Y GARBINO
20
20
Compañia Americana de Billetes de Banco Nueva York
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Comments

Banco Oxandaburu y Garbino was a private Argentine bank operating out of Corrientes province, and this 20 Pesos Fuertes note was printed during a period when provincial banking in Argentina was largely unregulated — any merchant house with sufficient capital could commission notes from a reputable printer and begin issuing. The American Bank Note Company in New York was the prestige choice for South American issuers at this time, lending an air of institutional credibility that the banks themselves often lacked.

Corrientes provincial notes from this era were frequently refused at par outside the issuing province.

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