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100 Pesos

Issuer Tesorería General de la República Argentina
Year 1860
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Composition Paper
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Obverse lettering LEY DE 1º DE OCTUBRE DE 1860
REPÚBLICA ARGENTINA
Por Cien Pesos
Nº 04443
Paraná,
La Tesorería General pagará a los meses de la fecha, al portador, la cantidad de CIEN PESOS (de diez dias de día), con más el interés del uno por ciento mensual.
Vence el día de de 18
El Ministro de Hacienda
El Contador General
POR 100 PESOS.
Reverse description The reverse is printed with a repetitive guilloche underprint pattern covering the entire surface, with text elements of the note visible in mirror through the thin paper stock. A large oval handstamp reading PAGADO / Nº is applied in the centre, indicating the note was redeemed, accompanied by a partial manuscript annotation in the lower left.
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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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