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100 Pesos
| Issuer | El Gobierno Nacional, Confederación Argentina |
|---|---|
| Year | 1859 |
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| Value | Log in to see details |
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| Composition | Paper |
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| Obverse description | Plain typeset note with a fine guilloche border framing the entire face. The central text block, in Spanish, states that El Gobierno Nacional promises to pay the bearer one hundred pesos with one and a half percent monthly interest, redeemable at any national customs house against import and export duties; dated Paraná, 25 de Mayo de 1859. The denomination '100 $' appears at upper left and right, with 'CONFEDERACION ARGENTINA.' as the central heading, and 'CIEN PESOS.' at the foot; a manuscript serial number appears in the upper centre, and three signature lines are ruled for El Ministro de Hacienda, El Contador, and El Tesorero. |
|---|---|
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| Reverse description | The reverse is unprinted and shows the note held up to light, revealing the mirror image of the obverse typography bleeding through the thin paper stock. Multiple manuscript endorsements and annotations in ink are scattered across the surface, consistent with the note having circulated and been officially countersigned or cancelled. |
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| Comments |
The Confederación Argentina was the rump state that governed the interior provinces after Buenos Aires seceded in 1852 following Urquiza's defeat of Rosas at Caseros. This note was issued by that government from Paraná, which served as the confederal capital — an unusual circumstance in which a provincial city, not a major port, became the seat of national financial authority. The confederation was chronically short of revenue, cut off from Buenos Aires customs receipts that had historically funded the Argentine state.
Printing at Paraná rather than abroad reflects both the political isolation of the confederation and the practical impossibility of commissioning notes from European security printers under those financial constraints. The series is scarce precisely because the confederation itself dissolved after the Battle of Pavón in 1861, when Buenos Aires absorbed the remaining provinces under Mitre.