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| Issuer | Banco Comercial de Santa Fé |
|---|---|
| Year | 1869 |
| Type | Local banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO COMERCIAL DE SANTAFÉ CINCUENTA 50 B Rosario CINCUENTA PESOS PLATA BOLIVIANA é su equivalente en moneda legal 0000 |
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| Reverse lettering | EL BANCO COMERCIAL DE SANTA FE 50 50 |
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| Comments |
The Banco Comercial de Santa Fé was one of several provincial Argentine banks that turned to the American Bank Note Company in the late 1860s, a period when Buenos Aires had not yet consolidated monetary control over the provinces. Santa Fé operated with considerable financial autonomy, and its peso plata boliviana denomination was pegged — at least nominally — to the Bolivian silver peso, a currency that circulated widely across the interior precisely because Buenos Aires-issued paper was distrusted that far north.
Provincial bank failures in Argentina accelerated sharply through the 1870s, and Banco Comercial de Santa Fé did not survive the decade intact. Notes from this issue are consequently rare in any condition.