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1 Peso

Issuer Provincia de Jujuy
Year 1905
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Currency Peso (1826-1985)
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Obverse description Red-toned obligación de tesorería printed in a letterpress style, with the large central legend OBLIGACION DE TESORERIA POR VALOR DE UN PESO MONEDA NACIONAL arranged in graduated typefaces over a lightly printed guilloche underprint. To the upper right, a vignette of a mountainous landscape with a smokestack or industrial structure is set within a decorative frame. The provincial coat of arms appears at the lower left, accompanied by the date Jujuy 10 de Junio de 1905, serial number, and two manuscript signatures below.
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Reverse description Printed in red with a dominant diagonal overprint reading UN PESO in bold letterpress script across the centre of the note. To the upper left, a detailed vignette renders an industrial building — likely a sugar mill or factory — with a tall chimney stack amid trees, printed in a darker ink for contrast. Ornate guilloche cornerpieces and scrollwork border the entire field, with numeral 1 counters at the lower left and upper right corners, and a block of small printed text at the right.
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Provincia de Jujuy sits in Argentina's far northwest, landlocked against the Bolivian border — one of the country's most economically marginal provinces in the early twentieth century. Provincial notes of this period were typically issued to address chronic shortages of small federal currency in remote regions where Buenos Aires-issued money rarely penetrated in sufficient quantity. By 1905, the national government had technically unified Argentine currency under the Caja de Conversión, making provincial emissions legally questionable at best.

PS prefix in the Pick system signals this as a private or quasi-governmental scrip issue, and Jujuy examples from this series are genuinely scarce in any condition — provincial archives suggest low original print runs.