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50 Pesos

Issuer Banco de Londres y Río de La Plata, Córdoba
Year 1869
Type Local banknote
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Obverse lettering BANCO DE LONDRES Y RIO DE LA PLATA
VALE POR CINCUENTA PESOS
Pagueremos á la vista y al portador Cincuenta Pesos moneda Adriana en efectivo ó su equivalente en moneda de Ley. Córdoba, 15 de Noviembre de 1869.
Por el Banco
50 N.° 001362
Reverse description The reverse is printed in a single tone on plain paper with a simple rectangular frame of fine guilloche borders. The numeral '50' appears in each corner within octagonal cartouches, and a large lightly engraved '500' watermark-style underprint occupies the centre field. The overall design is intentionally plain, relying on the ornamental frame and large numeral underprint for denomination identification.
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Comments

Banco de Londres y Río de la Plata was a British-founded institution established in Buenos Aires in 1862, and its Córdoba branch operated with a degree of regional autonomy that extended to issuing its own notes — a common arrangement under Argentina's pre-federal banking regime. The PS prefix in the Pick numbering places this firmly in the "Specialized" category of provincial and private issues, which in Argentina's case covers the chaotic decade before the Banco Nacional was established in 1872.

By 1869, Córdoba's economy was still heavily tied to cattle and mule trade rather than export agriculture, and a 50 Peso denomination would have been a substantial instrument — not everyday commerce, but interbank settlement or large merchant transactions.

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