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5 Pesos Fuertes

Issuer Banco Oxandaburu y Garbino
Year 1869
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Size 180 × 75 mm
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Obverse description The face is printed in dark brown and green on a light background, with two intaglio portrait vignettes: a young girl at lower left holding flowers, and a second girl's bust at lower right. At upper center, a vignette shows a dog resting on a chest with a key, flanked by two green guilloche medallions bearing the numeral 5. The bank name BANCO OXANDABURU Y GARBINO is inscribed in large letters across the center, with the denomination CINCO PESOS FUERTES in bold text below, accompanied by a manuscript-style payment clause and the issue date Gualeguaychú 2 de Enero de 1869.
Obverse lettering El BANCO OXANDABURU Y GARBINO Pagará al portador y a la vista CINCO PESOS FUERTES Gualeguaychú 2 de Enero de 1869
(Translation: The OXANDABURU AND GARBINO BANK Will pay to the bearer and at sight FIVE PESOS FUERTES Gualeguaychú January 2, 1869)
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Comments

Banco Oxandaburu y Garbino was a short-lived private commercial bank operating in the Argentine province of Entre Ríos, and this 1869 issue reflects the chaotic period of provincial banking that preceded Argentina's eventual move toward a centralized monetary system in the 1880s. Provincial banks of this era often commissioned their plates from the American Bank Note Company regardless of their financial stability, which meant professionally engraved notes could be circulating on behalf of institutions that folded within a few years of issue.

The "pesos fuertes" denomination — strong pesos — was a distinction that mattered in a monetary environment where peso moneda corriente and peso fuerte traded at significantly different rates. Surviving examples from this issuer are genuinely scarce.

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