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50 Australes
| Issuer | Banco de la Provincia de Buenos Aires |
|---|---|
| Year | 1985 |
| Type | Log in to see details |
| Value | 50 Australes |
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| Obverse description | The face of this savings deposit certificate (Libranza de Caja de Ahorro Hipotecaria) is printed in blue and multicolour on white paper, with a dense guilloche underprint in gold, pink, and green forming a large central rosette. The denomination ₳50 appears twice in large bold numerals flanking the centrepiece, with the words CINCUENTA AUSTRALES printed in heavy letterpress across the centre. A vertical blue guilloche border panel at left carries the bank name BANCO DE LA PROVINCIA DE BUENOS AIRES in upright lettering, while the bank's geometric logo in red and blue is positioned at the right margin; two handwritten signatures appear below the central text block above the titles Subgerente Operativo and Subgerente. |
|---|---|
| Obverse lettering | Log in to see details |
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| Reverse lettering | RECIBI CONFORME LA SUMA DE AUSTRALES CINCUENTA (₳ 50) CON MAS SUS INTERESES DEVENGADOS HASTA LA FECHA DEL PRESENTE PAGO SEGUN SELLO DE CAJA. FIRMA (Translation: I received, in conformity, the sum of Fifty Australes (₳ 50) together with interest accrued to the date of the present payment, as per the bank's cashier stamp. Signature) |
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| Comments |
The Austral was introduced in June 1985 as part of the Austral Plan — Argentina's shock therapy attempt to arrest hyperinflation that had pushed annual rates past 1,000%. The Banco de la Provincia de Buenos Aires issued its own parallel series of notes denominated in the new currency, functioning alongside federal issues. Provincial bank notes of this kind were a legal peculiarity rooted in Argentina's federal banking history, where provincial institutions retained issuing authority long after most countries had consolidated currency under a single central bank.
The Casa de Moneda's guilloche work on this series is competent but unremarkable by that printer's own standards. Within four years, inflation had rendered the entire Austral denomination structure obsolete.