Argentina 5 Pesos banknote 1894 El Banco Nacional, P-S1093d
Obverse: Portrait of Dalmacio Velez Sarsfield & allegorical figure at right of the portrait vignette. Black "RENOVACION Ley 8 / 1 de 1894" overprint at center.
Reverse: Allegorical woman with caduceus and book and boy with doves.
Printed by Bradbury Wilkinson & Co, London.
Dalmacio Vélez Sársfield (February 18, 1800 – June 30, 1875) was an Argentine lawyer and politician who wrote the Argentine Civil Code of 1869, the vast majority of which remains in use to this day.
Argentina banknotes - Argentina paper money
Bancos Nacionales Garantidos - National Guaranteed Banks in Argentina, 1887–1890: period of "Free Banking"
El Banco Nacional
During the presidency of Miguel Ángel Juárez Celman (10.12.1886 - 08.06.1890), the November 3, 1887, Congress enacted the National Bank Guarantor, to equalize the circulation of money that he suffered an embarrassment by local emissions of the provinces.
Guaranteed Banks Act provided that any bank was authorized to issue notes on the condition to deposit gold in the treasury, for which they receive a certain amount of government bonds.
Issues were made National Bank Notes, Bank of the Province of Buenos Aires, Salta, Tucuman and Mendoza among others. With the creation of the Currency Board ("Caja de Conversiуn") in 1890 were combined emissions.