Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
10 Pesos
| Issuer | Provincia de Mendoza |
|---|---|
| Year | 2007 |
| Type | Local banknote |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | The obverse is dominated by a vignette of an oil derrick at right centre, rendered in fine intaglio line work against a light guilloche underprint in pink and beige tones. The Argentine provincial coat of arms appears at lower right, while two facsimile signature panels are inscribed below the central text, attributed to the Contador General and Tesorero General de la Provincia. The serial number and series designation appear at upper right, with the denomination numeral '10' printed in large format at both upper left and centre. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | PROVINCIA DE MENDOZA LETRAS DE TESORERIA PETROM LEY 6982 Artículo 1°.- Autorízase al Poder Ejecutivo a contraer un empréstito público, representado por un programa de emisión de Letras de Tesorería denominadas PETROM, en una o varias series, hasta un importe máximo de PESOS CIENTO CINCUENTA MILLONES ($ 150.000.000). Este importe será destinado al pago de las obligaciones de la Provincia, incluidas las deudas devengadas con los Municipios. Artículo 3°.- Las Letras de Tesorería serán canceladas a su vencimiento y hasta que ello ocurra se garantizarán con un fondo público integrado por la afectación periódica de un porcentaje de los recursos que ingresen por regalías petrolíferas, sólo en la porción de recursos que a la Provincia le correspondan, según ley de participación municipal. Artículo 6°.- Las Letras de Tesorería serán nominadas en pesos y tendrán su vencimiento el día 30 de marzo de 2007, fecha en que se cancelará el ciento treinta y cinco por ciento (135%) de su valor nominal. La amortización o rescate de las Letras de Tesorería será atendido con los recursos que se hayan acumulado en virtud de la afectación estipulada en el artículo 3°. |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
Mendoza's provincial quasi-currency program was a direct consequence of Argentina's 2001–2002 financial collapse, when frozen bank deposits and a federal cash shortage forced most provinces to issue their own emergency scrip. Mendoza's series, known locally as "Petros," circulated alongside federal pesos and was accepted by provincial employers and merchants under agreements that the national government grudgingly tolerated. By 2007, most provinces had wound down their parallel currencies — the fact that Mendoza was still printing at this date suggests either a delayed redemption schedule or continued regional liquidity pressure well after the acute crisis had passed.