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5 Pesos Fuertes

Issuer Banco de San Juan
Year
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Shape Rectangular
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Obverse lettering SAN JUAN
EL BANCO DE SAN JUAN
Serie D
Nº 006001
Pagará al portador
Cinco Pesos
en moneda
SAN JUAN
y á la vista
FUERTES
Por el Banco
Consejero
Gerente
CINCO PESOS FUERTES
Reverse description Printed in green and pink on plain paper, the reverse carries a large ornate guilloche underprint with the numeral "5" at center within a circular lathe-work rosette. A portrait vignette of a female head in classical style appears to the right within a circular guilloche frame, with the numeral "5" repeated in each corner.
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Comments

Banco de San Juan was one of several Argentine provincial banks that issued notes under the currency reforms of the 1850s and 1860s, a period when Buenos Aires and the interior provinces were still negotiating the terms of monetary federation. Provincial paper circulated on local trust and was frequently discounted outside its home province — a San Juan 5 Pesos Fuerte was worth considerably less in Rosario or Córdoba than it claimed on its face.

The "Fuertes" denomination distinguished these notes from the heavily inflated Pesos Moneda Corriente, at a fixed rate of 25 to 1.

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