Catalog
5 Pesos
| Issuer | Banco Industrial de la Provincia de La Rioja |
|---|---|
| Year | 1884 |
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| Composition | Paper |
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|---|---|
| Obverse lettering | EL BANCO INDUSTRIAL PROVINCIA DE LA RIOJA SERIE A PAGARÁ AL PORTADOR Y A LA VISTA Cinco Pesos MONEDA NACIONAL Villa Argentina (Chiledito) de 1884 DIRECTOR GERENTE |
| Reverse description | The reverse is printed entirely in a deep red-brown tone, with a bold lathe-work guilloche pattern radiating from a central circular medallion bearing the full bank name 'EL BANCO INDUSTRIAL DE LA PROVINCIA DE LA RIOJA'. Large ornate numeral '5' cartouches occupy the left and right fields, with additional '5' numerals at each corner. The word 'CINCO' runs across the top and 'PESOS' across the bottom in capital letters, framed by intricate geometric guilloche borders. The printer's imprint 'GUILLERMO KRAFT' appears at lower left. |
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| Comments |
Banco Industrial de la Província de La Rioja was one of several provincial banks established in Argentina during the 1880s credit expansion that preceded the catastrophic Baring Crisis of 1890. The provincial banking boom was actively encouraged by national policy, and Guillermo Kraft — the Buenos Aires printer responsible for this note — handled a significant share of the resulting output, serving multiple provincial issuers through the decade.
La Rioja was among the poorer interior provinces, and its industrial bank had a short operational life. Notes from this issuer are genuinely uncommon survivors.