Catalog
10 Pesos
| Issuer | El Gobierno Nacional, Confederación Argentina |
|---|---|
| Year | 1859 |
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| Value | 10 Pesos |
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| Obverse description | Plain typeset note issued under the Ley de 30 de septiembre de 1859, with the heading CONFEDERACION ARGENTINA across the upper centre and the large bold legend EL GOBIERNO NACIONAL below. The body text, set in letterpress, promises payment of ten pesos at two percent monthly interest, redeemable at any customs house of the Confederation; denomination numerals 10 $ appear at upper left and right, with DIEZ PESOS along the lower border. A simple ruled and ornamental border frames the entire note, with vertical lettering DIEZ PESOS along both side margins. |
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| Obverse lettering | Ley de 30 de septiembre de 1859 CONFEDERACION ARGENTINA 10 $ EL GOBIERNO NACIONAL Paraná P. El Ministro de Hacienda. El Contador. El Tesorero. DIEZ PESOS |
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The Confederación Argentina was the short-lived political entity that governed most of Argentine territory from 1852 to 1861 following Justo José de Urquiza's defeat of Rosas at Caseros — with Buenos Aires stubbornly refusing to join and operating as a separate state throughout this period. The Confederación's capital was Paraná, in Entre Ríos province, and it was there that these notes were produced, making this one of the few Argentine issues of the period not reliant on foreign printing houses.
The fiscal situation of the Confederación was chronically precarious, dependent heavily on customs revenue from the Paraná River ports while Buenos Aires controlled the far more lucrative Río de la Plata trade. Notes of this government were redeemed or retired following the reunification after the Battle of Pavón in 1861, and surviving examples are correspondingly scarce.