5 Pesos

Entre Ríos was one of several Argentine provinces that issued its own quasi-currency during the 2001–2002 convertibility crisis, when the national government froze bank deposits and the federal money supply effectively collapsed. These provincial bonds — called *Patacones* in Buenos Aires province, *Lecops* at the federal level, and *Federales* here in Entre Ríos — circulated alongside the peso as de facto legal tender within provincial borders, accepted for taxes, salaries, and eventually many retail transactions.

Casa de Moneda printed the Entre Ríos emissions under contract, which gave them a more finished appearance than some provincial issues. Redeemable in pesos after the crisis resolved, most were surrendered and destroyed, thinning survivor populations considerably.