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100 Pesos
| Issuer | Provincia de Entre Ríos |
|---|---|
| Year | 2001 |
| Type | Log in to see details |
| Value | 100 Pesos (100 ARS) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Portrait vignette of General Justo José de Urquiza — Argentine military leader, statesman, and President of the Argentine Confederation (1854–1860) — appears on the obverse, accompanied by the provincial seal and denomination inscription. The layout includes guilloche underprint patterns typical of fiscal instruments of the period. The full legal title and issuing authority of the Province of Entre Ríos are set in letterpress across the upper and lower margins. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse carries a dense block of printed legal text comprising multiple numbered articles of the authorizing legislation, set in small letterpress type across the full face of the note. The text references the operational conditions, redemption mechanisms, and limitations of the 'FEDERAL' and 'CERTIFICADO' instruments under provincial law. The lower margin bears the place and date of issue: Paraná, 31 de Diciembre de 2001. |
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| Comments |
Entre Ríos issued this note during Argentina's terminal fiscal crisis, when provincial governments — cut off from federal transfers and unable to service payrolls — began printing their own quasi-currencies. These emergency bonds, collectively known as patacones in Buenos Aires Province but carrying different names elsewhere, were legally denominated in pesos yet circulated at varying discounts depending on public confidence in each issuing province. Entre Ríos called its series "Federales."
Casa de Moneda's involvement gave the notes a degree of physical credibility that helped acceptance, though the irony of the national mint producing instruments that effectively bypassed the national currency was not lost on contemporary observers. Most were redeemed or destroyed after the 2002 stabilization agreements.