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20 Pesos Plata Boliviana

Issuer Banco de Cuyo, Mendoza
Year 1868
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Shape Rectangular
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Obverse description The obverse is printed in ochre-brown tones on plain paper. The centre bears a vignette of a mountain landscape with a steamship at sea, flanked on the left by an oval vignette of a seated allegorical female figure and on the right by a standing allegorical female figure raising one arm. The large bank title 'EL BANCO DE CUYO' is set across the top, with the denomination 'VEINTE PESOS / PLATA BOLIVIANA' in bold letterpress at centre, the place and date 'Mendoza, Julio 1º de 1868' below, and a large pale guilloche underprint reading 'VEINTE PESOS' running across the lower portion of the note.
Obverse lettering EL BANCO DE CUYO
PAGARA
AL PORTADOR Y A LA VISTA
VEINTE PESOS
PLATA BOLIVIANA
ó su equivalente en oro.
Mendoza, Julio 1º de 1868.
Gerente
Presidente
VEINTE PESOS B.no
20
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Comments

Banco de Cuyo was one of several provincial Argentine banks authorized to issue notes under the 1854 banking laws that allowed individual provinces to charter their own institutions. Mendoza's geographic position as the dominant commercial hub between Buenos Aires and the Chilean ports gave its bank-issued currency real transactional weight across the Andean trade routes.

The denomination in Pesos Plata Boliviana is telling — by the 1860s, Bolivian silver coinage had become so entrenched as the de facto hard currency in the Cuyo region that local banks denominated paper in it rather than the Argentine peso fuerte. PS#1628 is rare in any condition; Banco de Cuyo ceased operations in the early 1870s when national banking reforms effectively killed the provincial note-issuing model.

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