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1 Peso

Issuer Provincia de Salta
Year 1922
Type Local banknote
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Obverse description The obverse bears a central oval vignette at left with a portrait of General Güemes in military uniform, framed by fine lathe-work borders. The upper portion carries the bold inscription OBLIGACIONES / PROVINCIA DE SALTA in large letterpress type, with a circular red control stamp overlaid at center. The denomination UN PESO appears in a solid panel below, accompanied by the legend MONEDA NACIONAL DE CURSO LEGAL and text citing the authorizing law of 24 January 1928 and the emission decree of 30 September 1922.
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Reverse description The reverse is printed in dark ink on plain paper, with two large numeral 1 vignettes flanking a central scenic vignette of a railway bridge in a mountain landscape, captioned FERROCARRIL A CHILE. Fine guilloche rosettes appear at lower left and lower right, and the denomination UN PESO is set in a bold central panel. Below, a lengthy legal text in two articles (Art. 2° and Art. 8°) sets out the interest and redemption conditions under the Ley de Septiembre 30 de 1922.
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Comments

Argentine provincial currency of this period was legal only within the issuing province — a fact that created constant friction with traveling merchants and federal tax collectors alike. Salta, a large but economically peripheral northwestern province, issued its own paper in 1922 during a period of chronic small-denomination coin shortages that plagued much of interior Argentina after World War I disrupted European metal supplies.

The printer credit "Hnos." — hermanos, brothers — almost certainly refers to a local or regional print house rather than one of the major Buenos Aires security printers, which matters for assessing paper and ink quality. Provincial emergency emissions printed outside the capital tend to show earlier deterioration along fold lines.

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