50 Centavos

Jujuy's provincial note issues of the early 1900s emerged from a persistent shortage of small-denomination currency in Argentina's northwestern interior, where federal coinage rarely penetrated in sufficient quantity. The Provincia de Jujuy was among several Argentine provinces that took matters into their own hands — legally questionable, practically necessary.

The printer, Compañía Sud Americana de Billetes de Banco, was the Buenos Aires-based successor operation to the American Bank Note Company's South American interests, and handled much of Argentina's provincial and commercial paper at the time. PS#2023 is among the scarcer pieces from this issuer; Jujuy's total economic output was small, and redemption likely consumed most of the print run.