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50 Centavos
| Issuer | Banco de la Nación Argentina |
|---|---|
| Year | 1892-1895 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse description | Brown on cream paper, the reverse centres on an oval intaglio vignette of three young women gathered around an open book, enclosed within a scalloped guilloche border. Curved inscriptions REPUBLICA above and ARGENTINA below frame the central vignette, while the numeral 50 appears in large counters at both left and right within intricate lathe-work panels. A Greek-key decorative border runs along all four edges. |
| Reverse lettering | REPÚBLICA 50 ARGENTINA (Translation: Republic of Argentina) |
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| Comments |
The Compañía Sud-Americana de Billetes de Banco was established in Buenos Aires specifically to reduce Argentina's dependence on foreign security printers — a direct response to the monetary chaos of the 1890 Baring Crisis, which had collapsed the Banco Nacional and forced a complete restructuring of the country's banking system. The Banco de la Nación Argentina itself was created out of that wreckage in 1891, making this note among the earliest issues of an institution still operating today.
Fractional paper currency of this denomination circulated because silver coin had effectively vanished from everyday transactions during the currency crisis years.