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5 Pesos Bolivianos

Issuer Banco del Comercio, Gualeguay
Year 1869
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Value 5 Pesos Bolivianos
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Obverse description Black intaglio print on white paper with a blue-green underprint bearing repeated denomination numerals along all borders. The central vignette presents an allegorical female figure flanked by scenes of agricultural and maritime commerce, with a steamship at left and figures at work at right. At lower left, a standing gaucho figure forms a secondary vignette, while a hunter with rifle occupies the lower right corner; the date '1 de Julio 1869' and place name 'Gualeguay' appear in manuscript, with the red serial number '19120' printed below the central vignette.
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Reverse description Printed entirely in red-orange on white paper, the reverse is dominated by a large ornate guilloche panel in the centre bearing the bank name, framed by elaborate foliate and scroll arabesques. Numeral '5' appears in each of the four corners within decorative cartouches, and a fine lozenge diaper pattern fills the background field throughout.
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Banco del Comercio was one of several provincial Argentine banks chartered in the 1860s under Entre Ríos provincial authority — Gualeguay being a river port town whose commercial economy ran on cattle, hides, and yerba mate trade. The denomination in Pesos Bolivianos rather than Pesos Fuertes reflects the monetary fragmentation of the period, when Bolivian coinage still circulated heavily in the interior provinces and banks denominated paper accordingly.

The American Bank Note Company printed for dozens of Latin American provincial issuers during this decade, largely because no comparable security printing infrastructure existed locally. The PS prefix in the Pick reference indicates this note never achieved full national recognition — a provincial obligation, not a federal one.

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