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100 Pesos

Issuer Tesorería General de la República Argentina
Year 1860
Type Local banknote
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Obverse description The obverse is dominated by a central vignette of a classical allegorical figure in a pastoral scene, engraved in intaglio, flanked by the bold letterpress inscription REPÚBLICA ARGENTINA. The upper border carries the legend LEY DE 1º DE OCTUBRE DE 1860, while numeral counters reading 100 appear in the upper corners. The lower portion contains a handwritten promissory text in Spanish issued at Paraná, with manuscript date, serial number, and two manuscript signatures for El Ministro de Hacienda and El Contador General, above the bold bottom legend POR 100 PESOS.
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Reverse lettering PAGADO
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Comments

The Tesorería General de la República Argentina occupied an unusual institutional position — it was a state treasury office, not a central bank, issuing fiduciary currency during a period when Buenos Aires province and the Argentine Confederation were still operating as effectively separate monetary zones. The 1860 date places this note shortly after the Battle of Cepeda (1859) and the Pact of San José de Flores, which nominally reunified the country but left the banking and currency arrangements deeply unsettled for years afterward.

PS# prefix in the Pick catalogue denotes provincial or state issue rather than a national banking authority — important for attribution, since several Argentine institutions of this period issued circulating paper that is frequently misidentified.

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