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1 Peso

Issuer Provincia de San Juan
Year 1923
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Currency Peso (1826-1985)
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Reverse description Vertical-format reverse printed in blue tones, headed 'CRÉDITO PÚBLICO' in bold, followed by a lengthy legal text block citing the provincial law of 30 June 1923 and its articles authorising the issuance of treasury letters. The denomination 'UN PESO' appears in a solid dark panel at the foot of the note, with guilloche borders and '1' corner counters echoing the obverse design. The text reproduces Articles 1°, 3°, and 4° of the enabling legislation governing the terms, guarantees, and redemption of the obligation.
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Protection type Perforation
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Comments

Provincial note issues from Argentina in the 1920s were typically stopgap measures — San Juan was no exception. The province faced chronic shortages of small-denomination federal currency throughout the early 1920s, and locally printed notes like this one filled the gap in everyday commerce while the national government dragged its feet on adequate coin and note distribution to the interior.

Perforation as the sole security feature reflects the primitive production circumstances. Local printing in San Juan meant no access to specialized anti-counterfeiting technology; the perforations served more as a cancellation or validation device than a genuine deterrent.

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