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100 Pesos

Issuer Daniel González y Ca. en Liquidación
Year 1879
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Composition Cotton paper
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Obverse description The obverse presents a horizontal layout with a central oval guilloche vignette bearing the denomination '100 CIEN PESOS' in bold letterpress, flanked by two circular counter-medallions reading '100' at left and right. A seated allegorical female figure with classical drapery appears in the lower-left vignette, resting against a rocky ground with a shield at her side. The upper register carries the issuing institution's title in large Gothic script, with body text in Spanish noting the obligation to pay the bearer in silver coin of legal tender, issued under the extrajudicial agreement of 28 June 1879, and dated at Mendoza; the note bears overprinted 'MUESTRA' cancellations at lower left and right.
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Variants PS#1977 - Muestra (Specimen) overprint
Comments

Daniel González y Ca. was a private commercial house operating in Argentina that issued notes under its own authority before the country's banking consolidation efforts took hold. The "en Liquidación" designation in the issuer name is telling — this note was produced by, or at least attributed to, a firm already in the process of winding down its affairs, which raises immediate questions about how widely these circulated and whether redemption was ever reliably honored.

Private commercial paper of this type from late 1870s Argentina is genuinely scarce in any condition. Most liquidating firms' notes were simply never redeemed and were discarded.