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5 Centavos
| Issuer | Banco Nacional de la República Argentina |
|---|---|
| Year | 1884 |
| Type | Standard circulation banknote |
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| Obverse description | Black on gray underprint. A portrait vignette of President Dr. Nicolás Avellaneda occupies the left portion of the note, with the Argentine Coat of Arms rendered as a central vignette. The overall design employs fine guilloche lacework typical of American Bank Note Company engraving of the period. |
|---|---|
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| Reverse description | Printed in green on plain paper. The reverse is dominated by a large central oval guilloche bearing the two-line inscription REPÚBLICA ARGENTINA, flanked symmetrically on left and right by boldly engraved numeral 5 counters set within circular lathe-work frames. The border is composed of dense geometric guilloche panels and repeated CINCO legends along the top and bottom margins. |
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| Comments |
The Banco Nacional de la República Argentina was a state-backed institution created in 1872 to consolidate Argentina's fractured banking system, which had long been plagued by provincial banks issuing competing, often wildly depreciated paper. This 5 Centavos note from 1884 sits at the early end of a series that preceded the catastrophic monetary expansion of the late 1880s — just six years before the Baring Crisis of 1890 effectively collapsed the bank and forced its liquidation in 1892.
The American Bank Note Company's involvement was typical of Latin American sovereign printing at this period, when few regional institutions had the intaglio capacity to produce secure currency domestically. The ABNC's New York plant handled the full series.