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5 Centavos

Issuer Banco de la Nación Argentina
Year 1892-1894
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Shape Rectangular
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Reverse description Printed in blue, the reverse is dominated by an oval intaglio vignette at center showing a helmeted Athena as an allegory of Liberty, surrounded by elaborate guilloche lathe-work. The numeral 5 appears in large format to both left and right of the central vignette, framed by ornate floral and geometric border patterns. The printer's imprint appears along the lower margin.
Reverse lettering REPÚBLICA 5 ARGENTINA
COMPAÑIA SUD-AMERICANA DE BILLETES DE BANCO, BUENOS AIRES
(Translation: Republic of Argentina 5)
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Comments

The Compañía Sud-Americana de Billetes de Banco was the Argentine subsidiary established specifically to bring banknote printing capacity onshore — a direct response to the Baring Crisis of 1890, which had exposed the country's dangerous dependence on foreign credit and foreign-printed currency alike. This note falls within the bank's early consolidation period, when the Nación was still absorbing the wreckage of the collapsed Banco Nacional and the provincial banks that had fueled the speculative bubble.

At this denomination, notes were essentially fractional currency doing the work of small coin in everyday transactions. Heavy circulation wear is the norm for survivors.

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