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100 Pesos
| Issuer | El Gobierno Nacional, Confederación Argentina |
|---|---|
| Year | 1859 |
| Type | Local banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | CONFEDERACION ARGENTINA 100 $ CIEN PESOS. EL GOBIERNO NACIONAL promete pagar al portador de este billete la cantidad de cien pesos, y el interés de dos por ciento mensual desde el dia de su fecha hasta el de su amortización, admitiéndolo en pago del importe total de las letras firmadas en cualquiera de las Aduanas de la Confederacion á plazo de seis meses. EL MINISTRO DE HACIENDA. EL CONTADOR. EL TESORERO. 100 PESOS. |
| Reverse description | The reverse presents the mirror impression of the obverse printing visible through the thin paper, with no independent design elements, confirming this is a single-sided typeset issue. Extensive contemporary manuscript endorsements and annotations in ink are written across the face at various angles, including dated notations, which are characteristic of notes that circulated through official channels. The engraved border is faintly visible in reverse. |
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| Comments |
The Confederación Argentina — the rival government to Buenos Aires that controlled the interior provinces from Paraná — issued this note under genuine fiscal duress. After the split of 1852, the Confederation struggled chronically to fund itself; Buenos Aires controlled the customs revenues at the port, leaving the interior government perpetually short. These Ministerio de Hacienda notes were effectively treasury obligations rather than bank currency, issued against a state that could barely collect taxes.
The PS prefix in the Pick catalogue signals provisional or state-level status — a classification that understates how central this paper was to Confederation finance in its final years before reunification in 1861.