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5 Pesos de Oro

Issuer Banco de la Província de Buenos Aires
Year 1883
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Shape Rectangular
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Obverse lettering EL BANCO DE LA PROVINCIA DE BUENOS AIRES
19 DE ENERO DE 1883
PAGARÁ AL PORTADOR
CINCO PESOS DE ORO
DETERMINADOS POR LA LEY NACIONAL DE 5 DE NOVIEMBRE DE 1881
CINCO
5
Reverse description No reverse image provided; reverse description cannot be determined from available sources.
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Comments

The Banco de la Província de Buenos Aires was not the national central bank — it was a provincial institution with a long, turbulent history of over-issuance and forced conversion crises. By 1883, the province's finances were under significant pressure, and the following decade would bring the catastrophic Baring Crisis of 1890, which nearly collapsed the bank entirely and triggered a global financial panic that reached London.

ABNC's New York-printed plates for this provincial series are generally well-executed, but the bank's paper obligations from this period circulated under chronic conditions of distrust. Many were eventually absorbed into the post-crisis monetary consolidation under the Caja de Conversión established in 1891.

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