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5 Pesos
| Issuer | Banco y Casa de Moneda de la Provincia de Buenos Ayres |
|---|---|
| Year | 1867 |
| Type | Log in to see details |
| Value | 5 Pesos |
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| Obverse description | Brown note with an elaborate guilloche border of repeating numeral '5' medallions enclosing the entire design. Two circular vignettes, each containing a portrait of a dog's head in profile, are placed symmetrically at left and right of centre. The large denomination inscription 'CINCO PESOS' appears in bold letterpress between the vignettes, with the issuing authority legend in script above and the date line 'moneda corriente. Abril, 1.° de 1867.' and the directorate attribution below. A serial number appears at the top centre, flanked by numeral '5' counters. |
|---|---|
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| Reverse description | The reverse is unprinted, presenting a plain paper surface with no design, text, or decorative elements, showing only the natural texture of the note paper. |
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| Comments |
The Banco y Casa de Moneda de la Provincia de Buenos Ayres occupied an unusual dual role — simultaneously a bank of issue and a mint — a combination that reflected the chronic monetary fragmentation of Argentina in the decades following independence. By 1867, Buenos Aires province was operating its own financial infrastructure largely in defiance of, or at least in parallel to, any pretense of national monetary unity.
PS472 falls within a period when the province's paper issues were chronically over-issued relative to specie backing. Convertibility had already collapsed more than once, and public confidence in provincial paper ran low enough that discounting against hard currency was routine.