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50 Pesos Plata Boliviana

Issuer Banco Comercial de Santa Fé
Year 1869
Type Local banknote
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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.

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