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1 Peso Fuerte
| Issuer | Banco J. Benites é Hijo |
|---|---|
| Year | 1867 |
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| Composition | Paper |
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| Obverse description | The obverse is printed in a reddish-pink tone on plain paper. At the top, the bank name 'EL BANCO J. BENITES É HIJO' is set in bold letterpress across the full width, flanked by ornamental devices at each corner. A central vignette depicts a classical allegorical group of figures in an engraved style, with the place of issue 'GUALEGUAYCHÚ' to the left and the date 'ENERO 1° DE 1867' to the right. Below, a manuscript-style promise-to-pay clause in Spanish is printed in italic script, with the denomination '1' rendered in large numeral at the lower right and a serial number at the lower left. |
|---|---|
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| Reverse description | The reverse of this note is not visible in the provided image; no description can be confirmed. |
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| Comments |
Banco J. Benites é Hijo was a private provincial bank operating in Argentina during the brief but chaotic experiment with free banking that followed the 1862 financial reorganization. Provincial banks of this period issued their own notes with minimal federal oversight, and many — including Benites — operated on thin reserves and shorter institutional lives than their printed paper would suggest.
PS1561 is among the scarcer Argentine provincial private issues of the 1860s. Whether the bank honored its obligations through the currency reforms of the following decade is not well documented.