Catalog
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| 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.