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5.000 Australes

Issuer Provincia de Salta
Year 1991
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Currency Austral (1985-1992)
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Reverse description The reverse is printed in rose-pink on a fine guilloche underprint and carries the full legal text of the bond authorisation in small letterpress type, arranged in five numbered articles. The heading PROVINCIA DE SALTA – BONO CANCELACION DE DEUDA – LEYES 6228 – 6495 runs across the top, with the denomination A∗5000 printed vertically in large numerals at the right margin. A final line at the bottom records the issuing decree: Emisión de Australes cinco mil millones (A∗5.000.000.000), Decreto 35 de 9 de enero de 1990.
Reverse lettering PROVINCIA DE SALTA – BONO CANCELACION DE DEUDA – LEYES 6228 – 6495
Art. 1.
Art. 2.
Art. 3.
Art. 4.
Art. 5. De forma.
Emisión de Australes cinco mil millones (A∗5.000.000.000), Decreto 35 de 9 de enero de 1990.
A∗5000
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Comments

Salta's provincial australes issues of 1991 were emergency quasi-money, printed after the national government's repeated failures to stabilize the austral had left provincial administrations unable to meet payroll. Several Argentine provinces resorted to issuing their own notes — called "patacones" or simply provincial bonds depending on the jurisdiction — during this period, spending instruments accepted locally but not recognized as legal tender by the Banco Central.

Casa de Moneda printed for several of these provincial emergency programs simultaneously, which creates attribution headaches: the printer's work was competent but the notes were politically fraught from the day they were signed.

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