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Our colleague from
Mar de Plata, Carlos D. Poli, President of the Numismatic Center in the same city, shows us
his findings of paper money items with printing errors,
namely:
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- 10,000 Pesos note (Linea Ley 18.888) with shifted
numerations.
- 50 Peso note Decree-Ley 18.88/69, printed on
folded paper.
- 1,000 Pesos Argentinos note - no
numeration.
- 1,000 Pesos Australes note - seperated in two
parts (front and back).
- 1 Peso Moneda Nacional (Justice
type) - seperated in two parts. |
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When he informed the Central Bank
(Banco Central) of these items, he received the following
reply:
"Regarding the first three banknotes, the
individual features they display (shifted nuemration, foled paper,
and the lack of numeration) are unique faults of the production
process; these errors that have not been detected in quality control
during the printing pocess."
Regarding the last two notes, the BCRA points
out that, in spite of the paper being manufactured in a single
layer, the addition of a glue to resist humidity forms a resistant
film on both sides of the paper that permits the separation of the
note in two layers, in a careful attempt. In any case, there is no
possiblity that a fraudulent attempt may be made to pass off cashing
a bill for twice its value, since cashing rules dictate that a worn
bill must have at least 60% of its surface present.
The Central Bank of Argentine Republic (Banco Central de la
Republica Argentina) by means of Communication no. 46376, dated
March 19, 2003, authorized the elimination of the term
"convertibles" on circulating banknotes. This action was
established by Law 25.561, dated January 7, 2002, which in Article 3
repeals articles 1 and 2 of the Law of Convertibility (Ley de
Convertibilidad, no. 23,928, dated March 27, 1991. Said
decisions are due to the articles 1 and 2 of the already mentioned
Convertibility Law that specified that the peso be convertible into
American Dollars with the parity of one to one.
This change began
with the $2 note and will continue with the remaining denominations
in a progressive manner. It is expressly stated that the banknotes
that have the word "convertibles" printed on them will still be able
to be used in circulation.
Roberto A. Bottero, author of the book
Argentine Republic Banknotes (Billetes de la Republica
Argentina) has published on the Internet the corections and
updates on December 31, 2002, of the aforementioned book. Those who
may be interested in obtaining it are directed to his emal address:
roberbot@hotmail.com.
SOURCE: El Telegrafo del Centro, Ano 8, Numero 28, Abril
2003
Courtesy: Carlos A.
Graziadio |
