Catalog
100 Pesos
| Issuer | Banco Nacional |
|---|---|
| Year | 1826 |
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| Reference(s) | P#S358 |
| Obverse description | Intaglio-printed note on plain paper with elaborate calligraphic and ornamental border work framing the entire composition. At centre, a small oval vignette with a coat of arms flanked by the denomination "CIEN PESOS" in bold letterpress; above, the bank title "El Banco Nacionál" in large script, with the text "Promete pagar al portador y á la vista la cantidad de" in copperplate italics below. Two oval guilloche cartouches bearing the numeral "100" appear at upper right and lower left, with blank panels reserved for manuscript signatures at lower right, captioned "Contador" and "Presidente". |
|---|---|
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| Reverse description | The reverse of this note appears to be unprinted, consistent with early Argentine provincial banknote production of the 1820s. |
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| Comments |
El Banco Nacional was Argentina's first true national bank, chartered in 1826 under Bernardino Rivadavia's reform government with significant backing from Baring Brothers. It lasted barely six years — the bank collapsed in 1836 under the weight of the Rosas-era political upheaval and chronic over-issuance, with its notes ultimately rendered worthless. Issues from the founding year are the earliest in the bank's series and were produced locally in Buenos Aires at a time when domestic printing infrastructure was rudimentary at best.
Surviving examples from 1826 are exceptionally rare.