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5 Pesos Fuertes

Issuer Banco J. Benites é Hijo
Year 1868
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Value 5 Pesos Fuertes
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Obverse description The obverse presents a central allegorical vignette of three female figures in classical dress, one of whom plays a stringed instrument, set within an ornate guilloche frame. To the lower left appears a portrait medallion of a bearded man in formal attire, while a matching portrait of a young woman occupies the lower right. The bank name 'BANCO J. BENITES É HIJO' arcs across the upper register in bold letterpress, with the numeral '5' repeated in the corners, and a repeating micro-text border encloses the entire composition.
Obverse lettering BANCO J. BENITES É HIJO
CINCO PESOS FUERTES
Paguen al portador y á la vista
CINCO PESOS FUERTES
en preciosa metálica de ley
p.p. Banco é Hijo
Guadayajha
Compañía americana de billetes de Banco de Nueva York CINCO
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Comments

Banco J. Benites é Hijo was a provincial Argentine private bank, and like most of its contemporaries, it sourced its notes from the American Bank Note Company in New York — the dominant supplier to Latin American issuers throughout the second half of the nineteenth century. The "Pesos Fuertes" denomination was a hard-currency unit, nominally tied to silver, which private Argentine banks used extensively before the catastrophic monetary dislocations of the 1880s forced federal consolidation of note-issuing authority.

PS prefix in the Pick catalogue places this firmly in the South American private bank series. Surviving examples from small provincial issuers of this period are genuinely uncommon — low original print runs and no incentive for preservation once redemption windows closed.

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