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25 Centavos
| Issuer | Banco de Londres y Río de la Plata, Rosario |
|---|---|
| Year | 1866 |
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| Currency | Peso (1826-1985) |
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| Obverse description | The obverse is printed in dark brown on cream paper with an elaborate engraved border of intricate guilloche and floral ornamental scrollwork running along all four edges. A central vignette at left depicts an eagle with spread wings perched on a rocky outcrop. The denomination '25' appears in corner panels at upper left, lower left, and right, while a large banner at upper centre carries the bank name 'BANCO DE LONDRES Y RIO DE LA PLATA' above the legend 'REPUBLICA ARGENTINA' and the branch designation 'ROSARIO' with serial number at top. A handwritten promise-to-pay text in Spanish occupies the central field, dated Rosario, 1 de Julio de 1866, with a manuscript signature below the printed line 'POR EL BANCO'. |
|---|---|
| Obverse lettering | REPUBLICA ARGENTINA BANCO DE LONDRES Y RIO DE LA PLATA ROSARIO 25 CENTAVOS. Pagaremos al portador y á la vista DIEZ Y SEIS PESOS FUERTES ó su equivalente en moneda de curso legal por cada Setenta y Cuatro de estos billetes. ROSARIO, 1 de Julio de 1866 POR EL BANCO |
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| Comments |
The Banco de Londres y Río de la Plata was a British-owned commercial bank that opened in Buenos Aires in 1862, one of the first foreign banks to operate in Argentina. The Rosario branch issued its own notes — a practice that was common before any centralized monetary authority existed in the country — and this 25 centavos piece belongs to the earliest known emissions from that branch.
The 1860s were chaotic years for paper currency in Argentina's interior provinces, with provincial banks, foreign commercial banks, and private houses all issuing competing obligations of questionable backing. British banking concerns generally maintained better redemption records than their local counterparts, which gave notes like this one real transactional credibility on the ground in Rosario.
Small-denomination fractional notes from provincial branches of this bank are considerably rarer than their Buenos Aires equivalents.