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5 Pesos Fuertes

Issuer Banco Nacional
Year 1873
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Value 5 Pesos Fuertes
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Obverse lettering CINCO
BANCO NACIONAL
Pagará al portador y á la vista
CINCO PESOS FUERTES
en las monedas determinadas por la Ley Nacional
Buenos Ayres
EL INSPECTOR
EL DIRECTORIO
SERIE 5
Reverse description The reverse is printed in a reddish-brown tone with an intricate geometric lathe-work pattern covering the entire surface, composed of interlocking guilloche borders and corner ornaments enclosing a large central numeral '5' within a complex engine-turned medallion. The overall design relies entirely on mechanical engraving for its security effect, with no figurative vignettes, producing a dense, symmetrical pattern characteristic of American Bank Note Company production.
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Comments

Banco Nacional operated as Argentina's first nationally chartered bank, established in 1872 under President Sarmiento. The institution lasted barely a decade before failing in 1876 amid a severe financial crisis that swept through the River Plate region — meaning notes from this 1873 issue circulated for an extraordinarily brief window before the bank collapsed and redemption became uncertain.

ABNC's involvement was typical for South American issuers of this period who lacked domestic intaglio capacity. The PS prefix in the Pick catalog places this firmly in the specimen or private bank category, and genuine circulated examples are genuinely hard to locate given the bank's short lifespan and the chaos surrounding its closure.

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