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20 Pesos Fuertes

Issuer Banco de San Juan - Sucursal (Branch) Tucumán
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Reference(s) P#S1900
Obverse description The obverse is dominated by a central vignette of a classical female figure in bust portrait, flanked by two smaller circular vignettes — a bull's head to the left and the Argentine coat of arms to the right. An elaborate guilloche border frames the entire note, with the denomination numeral '20' repeated in each corner. The issuing bank's name appears in bold letterpress across the upper portion, with the place of issue 'TUCUMAN' inscribed at the top.
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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.