Catalog
1 Peso
| Issuer | Banco Nacional |
|---|---|
| Year | 1826 |
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| Value | Log in to see details |
| Currency | Peso (1826-1985) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO NACIONAL UN PESO. Promete pagar al Portador diez y siete Pesos, ó una Onza de Oro sellado, por diez y siete de estos Billetes. POR LOS DIRECTORES Y COMP.ª CAJA DE La ley condena a muerte al falsificador y cómplices. |
| Reverse description | The reverse of this note is not visible in the available image; based on catalog records for this early Banco Nacional issue, it is likely plain or bears only a simple typographic border typical of Argentine notes of the 1820s. |
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| Comments |
The Banco Nacional de las Provincias Unidas del Río de la Plata was founded in 1826 under Bernardino Rivadavia's presidency, making this note among the earliest formal paper currency issued in Argentine history. The bank collapsed in 1836 after years of fiscal mismanagement and the costs of the 1825–1828 war with Brazil, and its notes rapidly lost value before being withdrawn entirely.
Printed locally in Buenos Aires rather than contracted to a European house, the production quality reflects the limitations of available printing infrastructure in the region at the time. Surviving examples are genuinely rare — the bank's short lifespan and the subsequent destruction of unredeemed notes ensured that.