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1 Centavo

Issuer Argentina
Year 1945-1948
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Value 1 Centavo (0.01 ARM)
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Obverse description The Argentine national coat of arms occupies the central field, depicting an oval shield charged with a rising sun above two clasped hands holding a pike topped by a Phrygian cap, all enclosed within a wreath of laurel branches tied at the base. The legend REPUBLICA ARGENTINA curves along the upper periphery in raised Latin characters, flanked by a milled border. The date appears in the lower exergual area, flanked on each side by a small six-pointed star. The overall design is executed in low relief consistent with the milled coinage tradition of the period.
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Reverse description The numeral '1' is prominently displayed in the upper center of the field in bold relief, with the denomination legend CENTAVO inscribed immediately below in evenly spaced capital letters. The entire central device is enclosed within an open laurel wreath whose branches extend from a tied base at the bottom and curve upward symmetrically to frame the denomination. A beaded or milled inner border encircles the design, consistent with the obverse treatment.
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Additional information

Argentina's copper centavo issues of this period fall within the early Perón years, though the 1 centavo denomination had been effectively worthless in purchasing terms long before Perón took office in 1946. Wartime copper shortages had already forced composition changes across South American mints in the early 1940s, and Argentina was no exception — KM#37a reflects the shift away from earlier bronze alloys toward simpler copper as strategic metal supplies tightened.

By the late 1940s, inflation was eroding low denominations so rapidly that the centavo had largely vanished from everyday transactions.

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