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1 Peso

Issuer Provincia de Mendoza
Year 1914
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Composition Paper
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Obverse lettering PROVINCIA DE MENDOZA
SERIE A
Letra de Tesorería
LA PROVINCIA DE MENDOZA RECONOCE AL PORTADOR
UN PESO
MONEDA NACIONAL EN LAS CONDICIONES DE LA LEY N° 645
MENDOZA, Diciembre de 1914
MINISTRO DE HACIENDA
PRESIDENTE DEL CRÉDITO PÚBLICO
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Reverse lettering UN PESO
Ley N° 645 – Diciembre de 1914
Art. 4.° ESTAS OBLIGACIONES SERÁN RECIBIDAS POR SU VALOR ESCRITO EN TODAS LAS REPARTICIONES PÚBLICAS PROVINCIALES EN PAGO DE IMPUESTOS Y SERVICIOS Y POR EL BANCO DE LA PROVINCIA EN CANCELACIÓN O AMORTIZACIÓN DE SUS CRÉDITOS
UN PESO
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Comments

Provincial emergency currency from the early República Conservadora period, the Mendoza 1 Peso of 1914 belongs to a class of sub-national fiduciary issues that proliferated when Buenos Aires tightened credit and the provinces were left to manage local liquidity on their own terms. Mendoza's economy at this point was almost entirely tied to the wine industry, and short-term cash shortages during harvest and crush seasons created genuine demand for small-denomination circulating notes that the national banking system was not supplying.

PS catalog placement confirms this as an emergency provincial issue rather than a chartered bank note. Local printing in Argentina kept costs down but also meant inconsistent ink distribution — a known technical weakness across the Mendoza provincial series.

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