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50.000 Australes
| Issuer | Provincia de La Rioja |
|---|---|
| Year | 1986 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Shape | Rectangular |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | PROVINCIA DE LA RIOJA BONO CANCELACION DE DEUDA LEY 4534 CINCUENTA MIL AUSTRALES SERIE I AL PORTADOR Y A LA VISTA MINISTRO DE HACIENDA, FINANZAS Y OBRAS PUBLICAS GOBERNADOR INTERINO JUAN FACUNDO QUIROGA CASA DE MONEDA |
| Reverse description | Log in to see details |
| Reverse lettering | PROVINCIA DE LA RIOJA - BONO CANCELACION DE DEUDA - LEY 4534 LA CAMARA DE DIPUTADOS DE LA PROVINCIA, SANCIONA CON FUERZA DE LEY: CINCUENTA MIL AUSTRALES PRORROGADO POR LEY 4380/89, DECRETO 134/89 |
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| Comments |
La Rioja's emergency provincial issue came during Argentina's catastrophic hyperinflationary period, when several provinces resorted to quasi-money to pay civil servants and keep local economies functioning after the national government lost effective monetary control. These notes circulated as legal tender within the province but were not accepted by the national banking system, creating practical headaches for anyone needing to transact across provincial lines.
Casa de Moneda printed the issue, which means it carries the same technical credentials as federal currency — the irony being that provincial desperation drove legitimate sovereign printing infrastructure to produce what amounted to scrip.