Catalog
1/2 Peso
| Issuer | Tesorería General de la República Argentina |
|---|---|
| Year | 1860 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | Medio peso REPUBLICA ARGENTINA. Medio peso. Ley de 3.o de Octubre de 1860. La Tesorería General pagará á los ___ meses de la fecha, al portador, la cantidad de MEDIO PESO (de diez y siete en onza oro), con mas el interés del uno por ciento mensual. Vence el dia ___ de 18__ Por El Ministro de Hacienda Por El Contador General |
| Reverse description | The reverse of this note appears to be plain, without printed design or lettering, consistent with simple typeset treasury obligations of the Argentine Confederation period. |
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| Comments |
The Tesorería General de la República Argentina occupied an unusual position in mid-nineteenth-century Argentine finance — it was a treasury office, not a bank, issuing paper obligations at a moment when no single central monetary authority yet existed. Provincial and national issuers competed chaotically throughout the 1850s and 1860s, and notes from the national treasury carried varying degrees of public confidence depending on where you were standing geographically and politically.
The PS prefix in the Pick catalogue designates this as a state or provincial issue rather than a central bank emission — useful context given how frequently Argentine fiscal instruments from this period get miscategorized.