Catalog
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| Issuer | Provincia de Tucumán |
|---|---|
| Year | 1985-1986 |
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| Value | Log in to see details |
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| In circulation to | 30 November 1987 |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | PROVINCIA DE TUCUMAN "BONOS DE CANCELACION DE DEUDAS" SERIE B LEY No 5728 AL PORTADOR . FECHA DE CADUCIDAD: 30 DE NOVIEMBRE DE 1987 MINISTRO DE ECONOMIA GOBERNADOR "QUE EL FEDERALISMO ALIMENTE, ROJO Y CALIENTE, LA CELULA VIVA DE LA NACION" FERNANDO RIERA, 1° DE ABRIL DE 1985 Cincuenta Centavos (Translation: TUCUMAN PROVINCE "DEBT CANCELLATION BONDS" SERIES B LAW No. 5728 TO THE BEARER . EXPIRATION DATE: NOVEMBER 30, 1987 MINISTER OF ECONOMY GOVERNOR "MAY FEDERALISM FEED, RED AND HOT, THE LIVING CELL OF THE NATION" FERNANDO RIERA, APRIL 1, 1985 Fifty Centavos) |
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| Reverse lettering | PROVINCIA DE TUCUMAN – BONOS CANCELACION DE DEUDAS – LEY 5728 Artículo 1.- ... (Translation: TUCUMAN PROVINCE – DEBT CANCELLATION BONDS – LAW 5728 Article 1.- ...) |
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| Comments |
Argentina's hyperinflationary spiral of the mid-1980s forced several provincial governments to issue their own emergency currency — quasi-money that technically functioned as bonds but circulated as cash when federal pesos became unreliable in practice. Tucumán's 1985–1986 issues were among these provincial emergency notes, authorized under pressure from a federal government that had already lost control of monetary stability well before the Austral replaced the Peso Argentino in June 1985.
The 50 Centavos denomination is particularly low within the series — almost ironic given the inflation rates that prompted the issue in the first place.