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5 Pesos Fuertes

Issuer Banco Comercial de Santa Fé
Year 1867
Type Local banknote
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Obverse description The obverse carries the bank title EL BANCO COMERCIAL DE SANTA FÉ in bold letterpress across the upper margin, with a central vignette of a gaucho on horseback accompanied by a dog, rendered in fine intaglio engraving within a ruled frame. The denomination and promise-to-pay text are arranged in two columns flanking the central vignette, with a manuscript date reading Rosario, Mayo 1º de 1867 at upper right. A serial number appears at upper left, and a partially visible circular stamp is present at centre right.
Obverse lettering EL BANCO COMERCIAL DE SANTA FÉ
PAGARÁ A LA VISTA
PORTADOR
DE ESTE BILLETE
Rosario, Mayo 1º de 1867
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Comments

The Banco Comercial de Santa Fé was one of several provincial banks operating under Argentina's decentralized banking regime of the 1860s, before the national government moved to consolidate currency authority. Provincial notes like this circulated alongside — and often at a discount to — notes from Buenos Aires institutions, with exchange rates fluctuating by locality and sometimes by the reputation of individual bank officers.

The PS prefix in the Pick catalog places this firmly in the specialized South American provincial and state bank series. Documentation on the Banco Comercial de Santa Fé is sparse enough that surviving examples carry genuine research value beyond their numismatic interest.

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