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2 Pesos
| Issuer | Provincia de Chaco |
|---|---|
| Year | 2001-2002 |
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| Printer | Casa de Moneda, Argentina |
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| Obverse description | The obverse is printed in blue on a light guilloche underprint and carries the provincial coat of arms of Chaco in a circular vignette at right, surrounded by ornamental scrollwork. At upper left, a large numeral '2' appears alongside the title legend and emission details including the issue date, interest rate, and two maturity dates arranged in a tabular format. The printer's imprint 'CASA DE MONEDA' appears at lower left, with the signatures of the Tesorero General and the Ministro de Economía at lower centre. |
|---|---|
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| Reverse lettering | CERTIFICADOS DE CANCELACION DE OBLIGACIONES DE LA PROVINCIA DEL CHACO `QUEBRACHO` LEY N° 4951/01 - DECRETO N° 1690/01.- Artículo 4: ... (Translation: CERTIFICATES OF CANCELLATION OF OBLIGATIONS FROM THE PROVINCE OF CHACO `QUEBRACHO` LAW N ° 4951/01 - DECREE N ° 1690/01.- Article 4: ...) |
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| Comments |
The Chaco bonos were emergency quasi-currency issued by Argentina's provincial governments during the 2001–2002 economic collapse, when the federal government's corralito restrictions effectively froze bank deposits and starved provinces of liquidity. Chaco was among the poorest provinces in the country and had essentially no capacity to service its obligations through conventional channels. These notes circulated alongside federal pesos and similar instruments from other provinces — at times accepted at face value, at times discounted.
Casa de Moneda's involvement lent the series a physical credibility that some provincial scrip lacked. The paper quality and printing standards met the same baseline used for federal issues.