50 Pesos Plata Boliviana

The Banco Argentino of Concordia was one of dozens of provincial Argentine banks that issued their own paper currency under the permissive banking legislation of the early 1870s — a period that ended abruptly with the national government's 1876 decision to prohibit private bank note issuance. Notes from this bank are scarce precisely because the window of legal circulation was so short.

The Compañía Sudamericana de Billetes de Banco, established in Buenos Aires in 1872, was the first banknote printing house operating on South American soil, and this note is among its earliest productions. The denomination in "Pesos Plata Boliviana" reflects the persistence of Bolivian silver coinage as a de facto monetary unit in the Littoral provinces, long after formal Argentine peso systems were in place.