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200 Pesos

Issuer Banco de la Nación Argentina
Year 1895-1896
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Printer South American Bank Note Company, Buenos Aires, Argentina
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Obverse lettering REPÚBLICA ARGENTINA Ley nº 3062 de 8 de Enero de 1894. LA NACION PAGARÁ AL PORTADOR Y Á LA VISTA Doscientos Pesos MONEDA NACIONAL Buenos Aires, 1° de Enero de 1895
(Translation: Republic of Argentina Law no. 3062 of January 8, 1894. The Nation will pay to the bearer and at sight Two Hundred Pesos National Currency Buenos Aires, January 1, 1895)
Reverse description Printed entirely in carmine, the reverse is dominated by a central intaglio vignette of an allegorical seated woman, rendered in fine engraving against an elaborate guilloche background. The denomination numeral 200 appears within ornate lathe-work panels at lower left and right, flanked by arched oval vignettes with floral motifs and text panels bearing legal warnings. The printer's imprint appears in small lettering along the lower margin.
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Comments

The South American Bank Note Company operated out of Buenos Aires and supplied the majority of Argentine federal issues during the 1890s — a deliberate policy choice to keep printing contracts domestic rather than ceding them to the established North American and European firms that dominated the region. Their output for the Banco de la Nación Argentina at this denomination was relatively limited in volume, and the 200 Pesos occupied an awkward commercial position: large enough to be unwieldy in ordinary trade, but not reserved for the interbank transactions that the highest denominations served.

Argentina was still absorbing the financial wreckage of the 1890 Baring Crisis when this series circulated. The Banco de la Nación itself had only been founded in 1891, replacing the collapsed Banco Nacional.

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