100 Pesos

The Banco de Buenos Ayres was chartered in 1822 under Bernardino Rivadavia's reform program — Argentina's first serious attempt at a modern banking institution. It lasted barely a decade. The bank collapsed in 1836 under the weight of unchecked note issuance and the fiscal demands of the 1826–1828 war with Brazil, which forced it to abandon specie convertibility almost immediately after this note was issued.

Printed locally in Buenos Aires at a time when the city had no sophisticated press infrastructure, production quality on this series is notoriously inconsistent. Paper stocks varied between print runs.