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5 Centavos

Issuer Tesorería de la Provincia de San Juan
Year 1895
Type Local banknote
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Obverse lettering PROVINCIA DE SAN JUAN
LEY DE 20 DICIEMBRE 1893
OBLIGACION DEL MONTE DE PIEDAD
La Tesorería de la Provincia pagará al portador
Cinco Centavos
SAN JUAN, SETIEMBRE 30 DE 1895
MINISTRO DE HACIENDA Y OBRAS PUBLICAS
SERIE 4
LIT. DE LA COMP. SUD AMERICANA DE BILLETES DE BANCO Bᴬ Aˢ
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Reverse lettering PROVINCIA DE SAN JUAN
Artículo 2° Estas obligaciones serán entregadas con cargo al Monte de Piedad para ser canjeadas por igual valor de Letras de Tesorería, las que serán destruidas por medio del fuego, con las formalidades establecidas en la ley que autorizó su emisión.
(Ley 31 de Julio de 1895.)
OBLIGACION DEL MONTE DE PIEDAD
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Comments

San Juan province issued its own fractional currency in 1895 because small-denomination coinage had effectively disappeared from local circulation — a chronic problem across Argentina's interior provinces in the late nineteenth century, where coin drained toward Buenos Aires and never returned. The Tesorería's solution was a series of low-denomination vales printed locally by the Compañía Sud Americana de Billetes de Banco, the Buenos Aires firm that handled much of Argentina's provincial paper during this period.

Fractional provincial issues from this era survive poorly. Daily handling of low-value notes destroys them fast, and redemption programs were rarely thorough enough to account for every piece.

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