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50 Centavos Fuertes

Issuer Banco de Corrientes
Year 1873
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Value 50 Centavos Fuertes
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Obverse description Olive-green note with a large vignette of a rhea (ñandú) standing in a landscape at left center. The bank title EL BANCO DE CORRIENTES is inscribed across the upper portion in bold lettering, with the denomination 50 CENTAVOS FUERTES displayed centrally within an oval guilloche. A repeating border inscription of CINCUENTA runs along the top and bottom margins, with additional 50 numerals in the side panels.
Obverse lettering EL BANCO DE CORRIENTES
pagará al portador y á la vista
CENTAVOS 50 FUERTES
en moneda de ley. CORRIENTES, 1º de Marzo de 1873
EL COMISARIO DEL GOBIERNO
POR EL BANCO
Serie A
CINCUENTA CINCUENTA CINCUENTA CINCUENTA CINCUENTA CINCUENTA CINCUENTA
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Comments

The Banco de Corrientes was a provincial institution operating in Argentina's northeastern Corrientes province, and its notes circulated in a region that remained economically and politically semi-autonomous well into the 1870s. Provincial banking in Argentina during this period was notoriously unstable — many such institutions issued paper far beyond their specie reserves, and the notes frequently traded at significant discounts to face value in Buenos Aires markets.

The PS prefix in the Pick catalogue places this firmly in the speciman or provincial/private category. Surviving examples from Corrientes provincial issues of this era are genuinely uncommon, as redemption and destruction rates were high following the eventual consolidation of Argentine banking under federal authority in the 1880s.

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