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1 Peso
| Issuer | Tesorería General de la República Argentina |
|---|---|
| Year | 1860 |
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| Composition | Paper |
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| Obverse description | Typeset letterpress note on cream paper, headed REPUBLICA ARGENTINA with the denomination UN PESO repeated in the lateral borders. The central text block carries a printed promissory obligation issued by the Tesorería General under Ley de 1.° de Octubre de 1860, with a small numeral vignette at centre and a handwritten emission date of 15 October 1861. Two manuscript signatures appear at the foot for El Ministro de Hacienda and Por El Contador General, accompanied by a circular official seal stamp reading EMISION DEL 15 DE OCTUBRE 1861. |
|---|---|
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| Reverse lettering | PAGADO |
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| Comments |
The Tesorería General de la República Argentina occupied an awkward institutional position in the 1850s and 1860s — it was a federal treasury office, not a bank, and its authority to issue circulating notes was constitutionally contested almost from the start. This 1 Peso emerged during a period when the Argentine Confederation and the Province of Buenos Aires were effectively running parallel monetary systems, with Buenos Aires refusing to join the Confederation until 1859 and only reluctantly integrating thereafter.
PS#225 is among the scarcer Tesorería issues; surviving examples tend to show heavy circulation, which reflects both the genuine transactional demand these notes met in the interior provinces and the poor-quality paper stock used throughout the series.