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1 Peso

Issuer Provincia de Jujuy
Year 1995
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Composition Paper
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Reverse description The reverse is printed in blue and is dominated by dense letterpress columns of legal text setting out the full articles of the authorizing provincial law N° 4824/94 and Decree Agreement N° 2889-E-95. The provincial coat of arms appears in intaglio at the right margin. A large pale guilloche underprint of the numeral 1 occupies the centre background, and the title inscription is repeated across the top.
Reverse lettering PROVINCIA DE JUJUY TITULO PROVINCIAL DE FINANCIAMIENTO LEY N° 4824/94 ARTICULO 1°... DECRETO ACUERDO N° 2889-E-95 ARTICULO 1°...
(Translation: PROVINCE OF JUJUY PROVINCIAL TITLE OF FINANCING LAW N° 4824/94 ARTICLE 1°... DECREE AGREEMENT N° 2889-E-95 ARTICLE 1°...)
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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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