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Stack’s Bowers and Ponterio   |   The January 2019 NYINC Auction – Session A   |   11 January 2019 Sort by Lot-NumberSort by Estimate
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Lot 30025





Estimate: -   |   Starting price: 420 USD Price realized: 1'020 USD
Banco J. Benites e Hijo

This was the first private bank in Entre Rios. Governor Urquiza wanted to make Entre Rios an economic center of the country. To do this, he promoted the establishment of private banks. Sometimes, he also invested in them to broaden his own personal financial position. The Benites family were wealthy merchants and supporters of Urquiza. In 1867, the first set of banknotes was ordered. They were printed by San Martin in Buenos Aires. These are the first three notes of this scarce series.





ARGENTINA. Banco J. Benites e Hijo. 1/2 Real, 1867. P-S1551. PMG Fine 12 Net. Previously Mounted.
(ENR-85) The lowest denomination of the series. Allegorical figures at left. Pick Plate Note.
PMG Fine 12 Net. Previously Mounted.
From the Robert J. Bauman Collection.

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