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1 Real

Issuer Provincia de Corrientes
Year 1852
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Shape Rectangular
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Obverse description The obverse is centered on a large circular guilloche vignette enclosed within an ornate scrollwork border with foliate corner flourishes. The denomination legend "UN REAL" appears in the upper portion within a rectangular panel, flanked by additional decorative registers at upper right. The overall engraving style is typical of mid-nineteenth-century South American provincial issues, with heavy intaglio line work framing the central medallion.
Obverse lettering UN REAL
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Corrientes was one of the few Argentine provinces to issue its own paper currency during the long period before a unified national currency existed — and among the most prolific. This 1 Real from 1852 predates the Confederation's first serious attempts at monetary consolidation and circulated in a province that had maintained a degree of political independence, including its own armed conflicts with Buenos Aires and Entre Ríos.

Provincial notes of this era were printed with extremely limited technical resources, and the PS (specialized pick) designation places this squarely in the category of quasi-governmental scrip rather than formal banking paper. Survival rates are low — these circulated hard in a frontier economy with no redemption infrastructure worth mentioning.