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50.000 Australes

Issuer Provincia de Salta
Year 1991
Type Local banknote
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Obverse description Multicoloured note with fine guilloche underprint across the entire field. At left, the coat of arms of Salta within a circular vignette, flanked by the denomination numeral A$50.000 in bold intaglio print. To the right, a radiant sunburst vignette. The upper portion carries the issuer title PROVINCIA DE SALTA and the subtitle BONO DE CANCELACION DE DEUDA, with references to Leyes 6228 - 6623 and the bearer clause AL PORTADOR. The expiry date FECHA DE CADUCIDAD: 31 DE OCTUBRE DE 1991 is printed centrally, with two manuscript signatures below for Ministro de Economía and Gobernador. The vertical right margin reads CINCUENTA MIL AUSTRALES and the serial number appears at lower left.
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Reverse lettering PROVINCIA DE SALTA – BONO CANCELACION DE DEUDA – LEYES 6228 - 6623
Emisión de Australes sesenta mil millones (A$60.000.000.000). Decreto 702/91.
A$50.000
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Comments

Salta issued this note during Argentina's provincial quasi-currency crisis of the early 1990s, when several provinces began printing their own scrip — locally called "patacones" or by various regional names — to meet payroll obligations the national government could no longer fund. The Province of Salta's series was among the more substantial of these emergency emissions, with face values reaching into the tens of thousands of australes at a moment when the austral itself was collapsing toward the peso convertible transition of 1992.

Casa de Moneda's involvement lent the issue a degree of technical legitimacy that some provincial scrip lacked entirely.

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