Catalog
5 Pesos
| Issuer | Provincia de Mendoza |
|---|---|
| Year | 2002 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Casa de Moneda, Argentina |
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| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is laid out in a document-style format with a pale yellow and orange guilloche border framing a multi-article legal text printed in black. The header identifies the instrument and its legislative authority, with the body reproducing selected articles from the authorising law regarding issuance limits, guarantee mechanisms, and maturity conditions. |
| Reverse lettering | PROVINCIA DE MENDOZA LETRAS DE TESORERIA PETROM LEY 6982 Artículo 1° (Translation: MENDOZA PROVINCE PETROM TREASURY BILLS LAW 6982 Article 1) |
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| Comments |
Mendoza issued its own quasi-currency during the 2001–2002 Argentine financial collapse, when the federal government froze bank deposits under the corralito and provincial administrations were left unable to meet payroll. These notes — formally called Bonos de Cancelación de Deuda — functioned as a parallel circulating medium accepted for provincial taxes and utility payments, a workaround that technically kept them on the right side of the constitutional prohibition on provincial currency.
Casa de Moneda printed emergency paper for at least eight provinces simultaneously during this period, an unprecedented domestic production load.