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1 Peso with 'LEY' on Obverse
| Issuer | Banco Central de la República Argentina |
|---|---|
| Year | 1970-1973 |
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| Composition | Log in to see details |
| Size | 155 × 75 mm |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Orange on multicolour underprint. A vignette of the Llao-Llao Hotel set against the Patagonian landscape of San Carlos de Bariloche occupies the central field, with ornate guilloche borders framing the composition. Denomination inscriptions and issuer legend appear in the upper and lower margins. |
| Reverse lettering | REPUBLICA ARGENTINA UN PESO CASA DE MONEDA DE LA NACION (Translation: Argentine Republic / One Peso / National Mint) |
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| Comments |
The "LEY" overprint distinguishes this from earlier 1 Peso issues — it acknowledges the Ley 18.188 of 1969, which effectively redenominated the Argentine peso at 100:1, making this the new peso ley de curso legal. Four distinct signature combinations across the short four-year run reflect the revolving-door economic appointments of the Onganía and Lanusse military administrations, each change tracking a ministerial or central bank reshuffle rather than any new printing.
Cayetano Licciardo's appearance on the 1972 pairing is worth noting — he served briefly as Economy Minister before being replaced as Argentina lurched toward the political crisis that would return Perón to power in 1973.