Catalog
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| Issuer | Banco de Corrientes |
|---|---|
| Year | 1873 |
| Type | Log in to see details |
| 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.