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20 Pesos

Issuer Provincia de Entre Ríos
Year 2002
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In circulation to 2003
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Reverse description The reverse is printed in black text on a light ground and contains the full legal text of the Letras de Tesorería instrument, set in multiple numbered articles governing the issuance, guarantee, and redemption conditions of the "FEDERAL" and "CERTIFICADO" obligations of the Province of Entre Ríos. The issuing authority, legislative references (including Decreto N° 5191/01 M.H.O.S.P.R.), and place and date of issue — Paraná, 27 de Diciembre de 2001 — are printed at the foot of the text.
Reverse lettering LETRAS DE TESORERIA PARA CANCELACION DE OBLIGACIONES DE LA PROVINCIA DE ENTRE RIOS - "FEDERAL"
ARTICULO 4°
ARTICULO 8°
ARTICULO 9°
ARTICULO 11°
ARTICULO 16°
DECRETO N° 5191/01 M.H.O.S.P.R.
ARTICULO 1°
PARANA, 27 de Diciembre de 2001.
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Comments

Entre Ríos was one of several Argentine provinces that issued its own quasi-currency during the 2001–2002 financial collapse, when the federal government froze bank accounts and a severe cash shortage paralyzed daily commerce. These provincial notes — generically called "patacones" in popular usage, though that name strictly belongs to Buenos Aires province — functioned as a parallel circulating medium, accepted for taxes and provincial government transactions but treated with varying suspicion by private retailers.

The PS# reference being unassigned suggests this piece hasn't been formally catalogued in the Standard Catalog of World Paper Money, which isn't unusual for the provincial emergency issues of that crisis — many were documented poorly and some denominations remain underrepresented in major collections.

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