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20 Pesos Fuertes
| Issuer | Banco Argentino, Rosario |
|---|---|
| Year | 1866 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | VEINTE ROSARIO EL BANCO ARGENTINO Pagará á la vista y al portador VEINTE PESOS FUERTES en moneda de ley 1º Agosto de 1866 XX 20 EL GERENTE EL PRESIDENTE |
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| Reverse lettering | EL BANCO ARGENTINO ROSARIO 20 20 |
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| Comments |
The Banco Argentino was one of several provincial commercial banks chartered in the Argentine Republic during the 1860s, operating out of Rosario at a moment when the city was emerging as a serious rival to Buenos Aires in trade and finance. The bank's notes were printed by the American Bank Note Company in New York — the dominant supplier to Latin American issuers throughout this period — and shipped south for local issue.
Provincial bank failures and currency fragmentation plagued Argentina through the late 1860s and into the 1870s, and many institutions of this type were short-lived. Surviving notes from the Banco Argentino are scarce, with most having been redeemed, cancelled, or simply lost in the disorder of successive monetary reorganizations.