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1 1/2 Real Plata Boliviana

Issuer Banco de Londres y Río de la Plata, Rosario
Year 1866
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Shape Rectangular
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Obverse lettering BANCO DE LONDRES Y RIO DE LA PLATA
VALE POR UN REAL Y MEDIO
UN REAL Y MEDIO
Rosario
Reverse description The reverse is unprinted or plain, consistent with the simple letterpress production typical of early Argentine provincial private bank issues of the 1860s.
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Comments

The Banco de Londres y Río de la Plata was a British joint-stock bank established in Buenos Aires in 1862, with the Rosario branch opening shortly after as the city grew into a major commercial hub along the Paraná river trade routes. This note predates Argentina's unified national currency by nearly two decades — the peso moneda nacional wasn't introduced until 1881 — meaning provincial and foreign-chartered banks issued their own paper in a patchwork of competing denominations.

The denomination itself is the curiosity here. The real plata boliviana was a unit inherited from the old Spanish colonial system and was already an awkward anachronism by the mid-1860s. Issuing in fractional reales suggests this note was aimed squarely at small retail transactions in a city where coin shortages were chronic.

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