Catalog
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| Issuer | Banco Nacional |
|---|---|
| Year | 1873 |
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| Composition | Cotton paper |
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| Obverse description | Green intaglio note with an ornate guilloche border surrounding the central text. To the left, a vignette of a sheep resting in a landscape; to the right, a bull's head vignette in a circular frame. The Argentine coat of arms appears at the top center, flanked by the denomination numeral 25 in each upper corner, with the issuer's name EL BANCO NACIONAL in large letterpress across the center and the promise-to-pay text in script below. The imprint of the American Bank Note Co., New York appears at the bottom, with spaces for El Inspector and El Directorio signatures. |
|---|---|
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| Reverse description | Printed entirely in rose-red, the reverse is composed of an intricate arrangement of circular medallions containing provincial Argentine coat of arms vignettes, set against a lathework background. The denomination numerals 25 appear in large ornate figures at left and right, with two additional smaller 25 numerals at center top and bottom. The legends VEINTE CINCO and CENTAVOS are inscribed at top and bottom respectively, and the American Bank Note Co., New York imprint appears at the foot. |
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| Comments |
The Banco Nacional of Argentina issued this fractional note during a period when small-change shortages were chronic across the River Plate region — silver coins were routinely hoarded or exported, leaving commerce dependent on paper substitutes at denominations that no central authority had previously bothered to print. The American Bank Note Company produced the series in New York, as it did for most South American banking clients of the period, shipping finished notes across the Atlantic for local distribution.
The PS prefix in the Pick catalogue places this firmly in the specimen or private bank category — worth confirming whether circulated examples are actually documented, as some issues from this series are known primarily from proof or specimen material.