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20 Pesos Plata Boliviana

Issuer Banco del Litoral
Year 1871
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Reference(s) P#S1709
Obverse description The obverse is dominated by a central oval vignette at the left containing a horse's head in profile, set against a fine guilloche underprint border. The bank title BANCO DEL LITORAL is inscribed in bold letterpress across the upper portion, with the place of issue PARANA and date JULIO 21 DE 1871 below it. The denomination VEINTE PESOS is printed in large bold type at centre, with the currency designation Plata Boliviana and the clause O SU EQUIVALENTE EN MONEDA DE LEY beneath, flanked by repeated numeral 20 counter stamps along the lower border. Serie A and the note number appear in the upper corners.
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Reverse lettering BANCO DEL LITORAL
PARANA
20
VICTORIA
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Comments

Banco del Litoral was a short-lived Argentine commercial bank operating out of Rosario, and its authorization to issue peso-denominated paper was premised on silver convertibility — the plata boliviana denomination explicitly referencing the Bolivian silver peso that circulated widely in the Río de la Plata region due to chronic shortages of Argentine coinage. The bank's note-issuing privileges were revoked within a few years as the national government moved to consolidate monetary authority.

Provincial and quasi-private bank paper from Rosario in this period survives in vanishingly small numbers. Most was redeemed, refused, or simply wore out in a commercial port city where paper money changed hands fast and with little ceremony.

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