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50 Australes
| Issuer | Provincia de Tucumán |
|---|---|
| Year | 1991 |
| Type | Log in to see details |
| Value | 50 Australes |
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|---|---|
| Obverse lettering | PROVINCIA DE TUCUMAN "BONOS DE CANCELACION DE DEUDAS" LEY N° 5728 SERIE F AL PORTADOR • FECHA DE CADUCIDAD: 30 DE NOVIEMBRE DE 1991 A. 50 MINISTRO DE ECONOMIA GOBERNADOR Cincuenta Australes JARDIN DE LA REPUBLICA |
| Reverse description | Plain paper reverse printed in black, bearing the full legislative text of Ley 6729 modificada por Ley 5866 and Decreto N° 1.111/3 (SH) – 1989, arranged in four numbered articles that govern the issuance and redemption conditions of the Bonos de Cancelación de Deudas of the Provincia de Tucumán. A light guilloche rosette is visible at the right margin. |
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| Comments |
Tucumán's 1991 austral notes were provincial emergency currency, issued during the acute fiscal crisis that pushed several Argentine provinces to print their own quasi-money when transfers from the federal government collapsed. These circulated alongside national australes as de facto legal tender within the province — a workaround that was legally ambiguous but practically unavoidable.
The austral itself was already a dying currency by 1991; Convertibility and the peso replaced it the following year. Provincial paper issued in the final stretch of that monetary chaos has always been difficult to attribute precisely, and the PS catalog reference reflects its quasi-banking status rather than any formal central bank authorization.