Catalog
1 Real
| Issuer | Administración de Hacienda y Crédito (Tesoro Nacional) |
|---|---|
| Year | 1853 |
| Type | Local banknote |
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| Obverse description | The note is printed within a decorative rectangular border with ornate corner flourishes and the legends TESORO NACIONAL and CRÉDITO PÚBLICO in the side and top/bottom panels respectively. At the upper centre, a radiant sunburst vignette above a ribbon cartouche inscribed REPÚBLICA ARGENTINA flanked by two oval numeral medallions bearing the denomination figure '1'. The body of the note carries a handwritten text acknowledging the Confederación Argentina's promise to pay, along with the issuing authority line 'Por la Administración de Hacienda y Crédito', a small horse vignette at centre-right, and a manuscript serial number. |
|---|---|
| Obverse lettering | CRÉDITO PUBLICO TESORONACIONAL REPUBLICA ARGENTINA Ley de Dbuga 1853 N° 71908 La Confederacion Argentina reconoce este billete por un Peso de una onza castellana de plata de diez dineros de ley cada una. Por la Administración de Hacienda y Crédito. |
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| Comments |
The Administración de Hacienda y Crédito operated as Mexico's treasury authority during one of the most fiscally chaotic periods in the republic's early history — chronic warfare, foreign debt obligations, and near-constant changes of government meant that small-denomination treasury notes like this one were issued out of necessity rather than any coherent monetary policy. The 1 Real denomination was aimed squarely at everyday transactions, filling a void left by the chronic shortage of low-value specie.
PS# prefixes in the Pick catalog denote state or provisional issues, and Mexican treasury notes of this period are notoriously difficult to authenticate due to widespread contemporary counterfeiting. Surviving examples with intact signatures and serial numbers command disproportionate attention from specialists for exactly that reason.