5 Pesos

Corrientes had a long and contentious history of issuing its own provincial currency well outside the authority of the national government in Buenos Aires — a practice that continued sporadically through the late nineteenth century despite federal pressure to consolidate monetary authority under the Banco Nacional. This particular 1891 emission came during the financial collapse that followed the Baring Crisis, when Argentina's credit structure buckled and provincial administrations scrambled to keep local economies liquid.

PS#2015 is among the later Corrientes issues and survives in relatively small numbers, likely because redemption rates were low and faith in the notes' convertibility had largely evaporated before they could circulate widely.