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50 Centavos Fuertes
| Issuer | Banco Nacional |
|---|---|
| Year | 1873 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Peso Fuerte (1860-1883) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | EL BANCO NACIONAL Buenos Ayres, Agosto 12, 1873 Pagará al portador y á la vista CINCUENTA CENTAVOS FUERTES en las monedas determinadas por la Ley Nacional Serie A El American Bank Note Co. New York |
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| Reverse lettering | CINCUENTA CENTAVOS |
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| Comments |
The Banco Nacional of Argentina issued this fractional note during a period when hard coin was being hoarded and small change had essentially vanished from street commerce. Fractional paper was a practical stopgap, but public trust in it was fragile — particularly at the provincial level, where bank failures had already burned ordinary depositors more than once.
The American Bank Note Company's work for South American issuers during the 1870s was extensive, and their New York plant was producing notes for multiple competing Argentine institutions simultaneously. PS#647 sits in a series that saw limited redemption activity after the bank's subsequent reorganization.