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50 Pesos

Issuer Provincia de Entre Ríos
Year 2002
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Reference(s) P#S0
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Obverse lettering PROVINCIA DE ENTRE RIOS
LETRAS DE TESORERIA PARA CANCELACION DE OBLIGACIONES DE LA PROVINCIA DE ENTRE RIOS - "FEDERAL"
VENCIMIENTO 30 DE JUNIO DE 2003
AL PORTADOR
LEY N° 9359/01
CINCUENTA PESOS
MINISTRO DE HACIENDA OBRAS Y SERVICIOS PUBLICOS
GOBERNADOR DE LA PROVINCIA DE ENTRE RIOS
JUSTO JOSE DE URQUIZA
$50
SERIE A
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Reverse lettering LETRAS DE TESORERIA PARA CANCELACION DE OBLIGACIONES DE LA PROVINCIA DE ENTRE RIOS - "FEDERAL"
ARTICULO 4°
ARTICULO 6°
ARTICULO 7°
ARTICULO 8°
ARTICULO 9°
ARTICULO 11
DECRETO N° 9999/01
DECRETO N° 9999/01 ARTICULO 1°
PARANÁ, 1 de Octubre de 2001
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Comments

Entre Ríos was one of several Argentine provinces that issued quasi-currency during the 2001–2002 convertibility crisis, when the federal government's freeze on bank withdrawals — the corralito — effectively strangled provincial finances. These provincial bonds, technically "Letras de Cancelación de Obligaciones Provinciales" or similar instruments, circulated as de facto cash because there was nothing else available. Entre Ríos had a long history of fiscal independence and was not shy about it.

The PS# designation in standard catalogs indicates a provincial or state issue rather than a national one. The absence of a Pick number here suggests this specific note hasn't been fully catalogued — or was a short-lived emission absorbed into the broader LECOP or Patacón literature without individual documentation.

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