Catalog
1 Peso
| Issuer | Estado de Buenos Ayres |
|---|---|
| Year | 1856 |
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| Composition | Paper |
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| Obverse description | Black letterpress note enclosed within a fine guilloche border, with the denomination UN PESO in large bold letters at centre. The arms of Buenos Aires — a central vignette of the provincial coat of arms with rising sun — appear below the denomination, flanked by the legends MONEDA CORRIENTE. The issuer's name EL ESTADO DE BUENOS AYRES arches across the top, followed by the recognition clause Reconoce este Billete por, with the date 1° MAYO 1856 at the foot and a manuscript signature across the lower portion of the face. |
|---|---|
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| Reverse description | Plain unprinted reverse of cream-toned paper, showing significant age-related toning and wear consistent with circulation. Two handwritten manuscript signatures appear on the back, applied in ink in the customary validation practice of Argentine provincial issues of the period. |
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| Comments |
The Estado de Buenos Aires operated as a breakaway state from the Argentine Confederation between 1852 and 1861, following Justo José de Urquiza's defeat of Rosas at Caseros. The province refused to join the new confederation and maintained its own monetary and banking infrastructure independently — this note is a product of that political rupture, not a product of any unified Argentine financial system.
The Banco de la Provincia de Buenos Aires, which backed this emission, had roots going back to the Banco de la Provincia founded in 1822. By 1856 the bank was already issuing notes against metallic reserves it could not always fully cover, a problem that would worsen considerably by the decade's end.