Catalog
| Issuer | Casa de Moneda de Buenos Ayres |
|---|---|
| Year | 1848 |
| Type | Local banknote |
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| Obverse description | Central oval vignette shows a seated allegorical female figure beside a barrel, with a sailing ship visible in the background, the whole framed by elaborate guilloche lacework. The denomination CIEN PESOS appears repeatedly in the side panels and along the upper and lower borders, with numeral 100 in the corner cartouches. Two manuscript signatures and the date 1° NOVIEMBRE 1848 appear below the central vignette, flanking the issuing authority text. |
|---|---|
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| Reverse description | Reverse is unprinted, presenting plain aged paper with no design elements, lettering, or ornamentation of any kind. |
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| Comments |
The Casa de Moneda de Buenos Aires operated under the tight political grip of Juan Manuel de Rosas throughout the late 1840s, and note issuance during this period was driven more by fiscal desperation than monetary planning. The province had been effectively cut off from significant foreign credit, and paper emissions from the Casa de Moneda functioned as forced liquidity in an economy starved of hard coin.
The S-prefix in the Pick reference reflects its classification as a regional rather than national issue — Buenos Ayres province maintained its own monetary apparatus entirely separately from any federal structure, which barely existed in any coherent form until 1853.