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20 Pesos Fuertes

Issuer Banco de San Juan - Sucursal (Branch) Tucumán
Year
Type Local banknote
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Obverse lettering EL BANCO DE SAN JUAN
pagará al portador
Veinte Pesos Fuertes : Veinte Pesos Fuertes
en moneda de ley
Tucumán, de 18
Por el Banco
Serie D
Nº01602
20
Consejero
Gerente
Reverse description No reverse image provided; reverse description unavailable.
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Comments

Banco de San Juan was one of the provincial banks chartered under Argentina's 1854 banking legislation, which briefly allowed individual provinces to establish note-issuing institutions before federal consolidation eventually curtailed those privileges. The Tucumán branch designation on this note is the detail worth pausing on — San Juan and Tucumán are not adjacent provinces, and a San Juan bank operating a note-issuing branch in Tucumán reflects the commercially ambitious, often chaotic character of Argentine provincial banking in the 1850s and 1860s.

The "Fuertes" denomination distinguishes these notes from the heavily depreciated moneda corriente then circulating in Buenos Aires — a deliberate signal of hard-money credibility that provincial issuers used to attract depositors and merchants.

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