Catalog
5 Pesos
| Issuer | Banco Industrial de la Provincia de La Rioja |
|---|---|
| Year | 1884 |
| Type | Local banknote |
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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 |
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| Reverse lettering | CINCO PESOS EL BANCO INDUSTRIAL DE LA PROVINCIA DE LA RIOJA GUILLERMO KRAFT |
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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.