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4 Pesos de Oro
| Issuer | Banco de la Provincia de Buenos Aires |
|---|---|
| Year | 1881 |
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| Value | 4 Pesos de Oro |
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| Obverse description | Printed in black on white cotton paper, the obverse is framed by a guilloche border with the word 'CUATRO' repeated along all edges. The central vignette presents a bull standing in a pastoral landscape, flanked to the left by an intaglio portrait of a gentleman in early nineteenth-century dress and to the right by a second male portrait. The bank title 'BANCO DE LA PROVINCIA DE BUENOS AIRES' arches across the top, with the denomination 'Cuatro Pesos de Oro' in a curved central panel and the authorising legend 'DETERMINADOS POR LA LEY NACIONAL DE 8 DE NOVIEMBRE DE 1881' below the vignette. |
|---|---|
| Obverse lettering | BANCO DE LA PROVINCIA DE BUENOS AIRES 1º DE ENERO DE 1885 PAGARÁ AL PORTADOR Y A LA VISTA CUATRO PESOS DE ORO DETERMINADOS POR LA LEY NACIONAL DE 8 DE NOVIEMBRE DE 1881 CUATRO |
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| Comments |
The Banco de la Provincia de Buenos Aires — founded in 1822 and distinct from any national institution — was still issuing its own currency in 1881, operating under provincial charter well after Argentina had begun consolidating its monetary framework. The provincial banks' right to issue notes would be effectively curtailed by the National Guaranteed Banks Law of 1887 and finally extinguished in 1891 following the catastrophic Baring Crisis, which brought down several Argentine financial institutions simultaneously.
American Bank Note Company produced this note at their New York facilities, a typical arrangement for Argentine provincial issuers who lacked domestic intaglio capacity and trusted ABNC's reputation for security printing. The "Pesos de Oro" denomination distinguished gold-pegged obligations from the depreciating paper pesos that plagued Argentine commerce through the 1880s — a distinction that mattered enormously to creditors.