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5 Centavos
| Issuer | Banco de la Nación Argentina |
|---|---|
| Year | 1892-1896 |
| Type | Standard circulation banknote |
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| Obverse description | Black on blue guilloche underprint. Portrait of Dr. Nicolás Avellaneda at right, the national coat of arms vignette at left. Order number printed in red; note exists with five signature varieties. |
|---|---|
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| Reverse description | Printed in blue. A central oval vignette contains a helmeted allegorical female head representing Liberty, flanked symmetrically on either side by large numeral 5s set within elaborate guilloche scrollwork. Floral rosette ornaments occupy each corner, with the legends REPUBLICA and ARGENTINA inscribed in bold serif letters above and below the central vignette respectively, and the printer's imprint running along the lower margin. |
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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.