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50 Pesos Banco de Credito Auxiliar
| Issuer | Banco de Crédito Auxiliar |
|---|---|
| Year | 1887 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Peso (1863-1975) |
| Composition | Log in to see details |
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| Obverse description | A vignette of two horses occupies the left portion of the note. The issuer name runs along the top margin, with the denomination expressed in numerals at centre and repeated in the upper right and lower left corners, and in words at upper left and centre. A blue series letter appears at lower left, with red serial numbers immediately to its right. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is centred on a circular vignette enclosing the issuer name and place of issue, with the denomination rendered in words within the circle and in numerals around its outer border. On certain examples, a fiscal tax seal and/or a round or square handstamp recording the applicable interest rate has been applied over the printed design. |
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| Comments |
The Compañía Sud-Americana de Billetes de Banco was the dominant security printer in the Río de la Plata region during the 1880s, supplying notes to both state and private banks across Argentina and Uruguay. The Banco de Crédito Auxiliar was one of the many provincial and quasi-commercial banks that proliferated under Argentina's loose banking legislation of the period — institutions that issued their own currency with varying degrees of reserve backing before the 1890 financial collapse forced a fundamental restructuring of the entire system.
This note dates to the peak of that speculative boom, just three years before the Baring Crisis brought most of these private issuers to ruin.