5 Pesos de Oro

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.