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50 000 Australes

Uitgever Provincia de Salta
Jaar 1991
Type Log in om details te zien
Waarde Log in om details te zien
Valuta Log in om details te zien
Samenstelling Log in om details te zien
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Drukker Casa de Moneda, Argentina
Ontwerper(s) Log in om details te zien
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Beschrijving voorzijde Bond-style composition printed in gray letterpress over a multicolour guilloche underprint of light violet, turquoise, and beige. The provincial coat of arms is positioned at upper left, with denomination legends and principal inscriptions arranged across the face. The value numeral is repeated vertically in large bold figures along the right margin.
Opschrift voorzijde PROVINCIA DE SALTA ₳50000 BONO DE CANCELACION DE DEUDA LEYES 6228 - 6623 AL PORTADOR FECHA DE CADUCIDAD: 31 DE OCTUBRE DE 1991 ₳50000 CINCUENTA MIL AUSTRALES (vertical on right)
(Translation: Province of Salta Debt cancellation bond Laws 6228-6623 To the bearer Expiry date Oct. 31, 1991 Fifty thousand Australes)
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Opschrift keerzijde Log in om details te zien
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Opmerkingen

Argentina's provinces were forced into quasi-currency territory during the early 1990s as the federal government's hyperinflationary collapse drained hard money from circulation entirely. Salta's australes notes — this being the highest denomination in the provincial series — functioned as wage-payment instruments, accepted by local businesses under effective compulsion rather than genuine confidence.

The Casa de Moneda printing is notable: the same federal facility producing increasingly worthless national currency was simultaneously contracted by provinces to print their own parallel instruments. Within months of this note's issue, the Convertibility Plan pegged the new peso to the dollar and rendered the entire provincial scrip experiment obsolete.

MISSCHIEN OOK INTERESSANT