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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 |
|---|---|
| Obverse lettering | Log in to see details |
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| Reverse lettering | REPUBLICA ARGENTINA UN PESO CASA DE MONEDA DE LA NACION (Translation: Argentine Republic / One Peso / National Mint) |
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| Protection type | Watermark |
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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.