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1 Peso

Emittent Banco de Buenos Ayres
Jahr 1823-1824
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Form Rectangular
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Vorderseitenbeschreibung The note is dominated by elaborate calligraphic script throughout, with the denomination 'UN PESO' set within a dark rectangular panel at the upper left. The central vignette displays the Argentine coat of arms — a rising sun above an oval cartouche with a liberty cap — flanked by ornate flourishes. The promise-to-pay text, rendered in fine copperplate engraving, reads in Spanish across the body of the note, with the issuing authority 'El Banco de Buenos Ayres' inscribed in large decorative lettering beneath the arms.
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Rückseitenbeschreibung The reverse of this early Argentine banknote is unprinted, consisting of plain unadorned paper, consistent with early nineteenth-century provincial bank issue practice.
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Anmerkungen

The Banco de Buenos Ayres was Argentina's first bank, established in 1822 under Governor Bernardino Rivadavia's modernizing reforms and backed partly by British merchant capital. Its notes were among the earliest circulating paper currency issued by any institution on the Río de la Plata, predating the Banco Nacional that would absorb its functions just three years later. The bank collapsed in 1826 under pressure from the Brazilian war debt, taking much of its paper with it.

Printed locally in Buenos Aires at a time when sophisticated intaglio facilities simply did not exist there, production quality is noticeably crude by European standards — a known characteristic of the entire PS311 series, not a condition issue.