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20 Pesos German-Belgian Bank of River Plate
| Issuer | Banco Aleman Belga del Rio de la Plata |
|---|---|
| Year | 1875 |
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| Value | Log in to see details |
| Currency | Peso (1863-1975) |
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|---|---|
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| Reverse description | The reverse is printed in yellow-gold on plain paper and is dominated by an oval guilloche at center bearing the denomination in words, surrounded by an ornate lathe-work border with floral and foliate motifs. The numeral 20 appears in each of the four corners within the decorative underprint framework. A vertical punch-hole cancellation perforates the center of the note. |
| Reverse lettering | 20 VEINTE (Translation: 20 Twenty) |
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| Comments |
The Banco Alemán Belga del Río de la Plata was a private commercial bank established in Buenos Aires in 1872 with joint German and Belgian capital — one of several European-backed institutions that moved aggressively into Argentine banking during the early 1870s commodity boom. Waterlow & Sons handled the printing in London, as was common for South American private issuers who lacked access to adequate local security printing at the time.
Argentina's 1876 financial crisis, triggered by government debt default and peso depreciation, effectively ended most private bank note circulation. Notes of this type had a short window of legitimate use.