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5 Centavos
| Issuer | Banco de la Nación Argentina |
|---|---|
| Year | 1892-1896 |
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| In circulation to | Log in to see details |
| Reference(s) | P#209 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | REPÚBLICA ARGENTINA BUENOS AIRES, NOVIEMBRE 1º DE 1891. La Nacion Pagará al portador y á la vista por medio DEL BANCO DE LA NACION ARGENTINA Cinco Centavos Ley nº 2707 de 21 de Agosto de 1890. COMPAÑIA SUD-AMERICANA DE BILLETES DE BANCO, BUENOS AIRES (Translation: Republic of Argentina Buenos Aires, November 1st, 1891. The Nation will pay to bearer at sight Five Cents Law no. 2707 of August 21, 1890. South American Bank Note Company, Buenos Aires) |
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| Reverse lettering | REPUBLICA 5 5 ARGENTINA COMPAÑIA SUD-AMERICANA DE BILLETES DE BANCO, BUENOS AIRES (Translation: Republic of Argentina — South American Bank Note Company, Buenos Aires) |
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| Comments |
The South American Bank Note Company operated out of Buenos Aires as a local subsidiary arrangement, giving Argentina one of the few countries in the region printing its own paper currency domestically rather than contracting to American Bank Note or Bradbury Wilkinson abroad. Whether this translated to consistent quality control across the 1892–1896 issue is debatable — the lower denominations in particular show noticeable variation in ink saturation between print runs.
The Banco de la Nación Argentina itself was only founded in October 1891, created by the national government to replace the collapsed Banco Nacional following the severe financial crisis of 1890 — the same crisis that forced Argentina into default and ended Baring Brothers' near-monopoly on Argentine sovereign debt.