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| 背面描述 | Printed in green, the reverse centres on an elaborate oval guilloche framework enclosing a circular medallion inscribed 'CUARENTA CENTAVOS FUERTES', itself surrounded by a mosaic of smaller medallions containing provincial and national emblems, heraldic devices, and allegorical motifs in dense lathe-work. Corner panels at left and right carry the numeral '40' within ornate engine-turned borders. The printer's imprint 'American Bank Note Co. New York' appears along both the upper and lower margins. |
| 背面铭文 | CUARENTA CENTAVOS FUERTES 40 American Bank Note Co. New York |
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The Banco Nacional was one of several private banks operating in Argentina under the 1872 banking law, each with the right to issue their own notes — a situation that created a fragmented, often chaotic currency supply before the Banco Nacional de la República Argentina consolidated the system in 1891. The 40 centavos denomination is an odd one, practically speaking: small-value fractional notes of this type typically emerged where coin shortages made change difficult, and Argentina's chronic shortage of specie in the early 1870s made them a commercial necessity rather than a curiosity.
The American Bank Note Company printed the full Banco Nacional series from its New York facilities. PS#646 sits in one of the thinner survival categories for the issue — fractional notes were used hard and discarded.