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1 Peso

Issuer Provincia de Tucumán
Year 1993-1995
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Reference(s) P#S2720
Obverse description Central vignette of the Casa de la Independencia (House of Independence) in Tucuman, rendered in fine intaglio engraving, flanked by two manuscript signatures attributed to the Ministro de Economia and the Gobernador respectively. The denomination UN PESO is printed vertically in large letterpress along the right margin, with the numeral $1 in bold at lower left. A fine guilloche underprint covers the entire face, with SERIE A and the serial number appearing at upper left and upper right.
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Reverse lettering PROVINCIA DE TUCUMAN - BONOS DE CANCELACION DE DEUDAS
LEY 5728 MODIFICADA POR LEYES 5866 Y 6299
ARTICULO 1.- Facúltase al Poder Ejecutivo a emitir "Bonos de Cancelación de Deudas"...
ARTICULO 2.- Los Bonos de Cancelación de Deudas se emitirán al portador...
ARTICULO 3.- Los Bonos serán entregados por la Tesorería General de la Provincia...
ARTICULO 4.- Los bonos serán canjeables por moneda de curso legal, al 100%...
ARTICULO 5.- Las fianzas y cauciones reales exigidas por leyes de la Provincia...
DECRETO N° 1274/3 (SH) - 1993
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Comments

Tucumán's 1 Peso cuasimoneda was one of several provincial emergency currencies issued during Argentina's 1990s fiscal crises, when provinces lacking federal transfers began paying employees and suppliers in their own paper. These notes circulated under legal compulsion — holders could redeem them against provincial taxes — but acceptance in private commerce was uneven at best, and exchange at face value against national pesos was never guaranteed.

Casa de Moneda's involvement gave the series a surface legitimacy that purely provincial printings lacked, though this did little to reassure a public still scarred by the 1989–90 hyperinflation.

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