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1 Peso

Issuer Provincia de Jujuy
Year 1995
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Shape Rectangular
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Obverse description The obverse is printed in blue and carries at upper left the title inscription PROVINCIA DE JUJUY / TITULO PROVINCIAL DE FINANCIAMIENTO above the authorizing law and decree references. At centre left the large numeral 1 is set within a guilloche underprint, with the denomination UN PESO below; the serial number appears at upper right and lower left. To the right, an intaglio vignette presents a modern public building with a tree, rendered in fine line engraving. At lower centre the provincial coat of arms is flanked by the printed facsimile signatures of the Minister of Economy and the Governor.
Obverse lettering PROVINCIA DE JUJUY TITULO PROVINCIAL DE FINANCIAMIENTO LEY 4824 DECRETO ACUERDO N° 2889-E-95 FECHA DE CADUCIDAD 1 DE ABRIL DE 2007 UN PESO MINISTRO DE ECONOMIA GOBERNADOR
(Translation: PROVINCE OF JUJUY PROVINCIAL TITLE OF FINANCING LAW 4824 DECREE AGREEMENT N° 2889-E-95 DATE OF EXPIRY 1 APRIL 2007 ONE PESO MINISTER OF ECONOMY GOVERNOR)
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Comments

Jujuy's 1995 peso note is one of the more curious artifacts of Argentina's provincial quasi-currency experiment. During the Convertibility period, when the national peso was pegged one-to-one with the US dollar, several cash-strapped provinces issued their own debt instruments — locally called "patacones" or simply bonos — that circulated as de facto money. Jujuy's version was printed by Ciccone Calcográfica, the Buenos Aires-area security printer responsible for much of Argentina's domestic note production through the 1990s.

These provincial instruments were technically bonds, not legal tender, but necessity made them function as currency in local commerce.

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