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| 正面描述 | Carmine note with a portrait vignette of an elderly José de San Martín at right, executed in intaglio. A black overprint applies the new denomination and currency designation per Law 18.188, superseding the original 10,000 Pesos face value. Guilloche underprint patterns fill the background field. |
|---|---|
| 正面铭文 | 100 PESOS LEY 18.188 Banco Central de la República Argentina pagará al portador y a la vista moneda nacional Diez Mil Pesos (Translation: 100 Pesos Law 18,188 Central Bank of the Argentine Republic promise to pay the bearer on demand National currency Ten Thousand Pesos) |
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Argentina's chronic inflation of the 1960s periodically forced the Banco Central into stopgap measures rather than full reissues. This note is a 10,000 Pesos note of the 1961–69 series overprinted and revalued downward to 100 Pesos following the monetary reform of January 1970, when the peso moneda nacional was replaced by the peso ley 18.188 at a rate of 100 to 1. The overprint was a practical bridge while new stock was prepared.
The conversion ratio means the underlying note's face value collapsed by a factor of 100 overnight — a detail the overprint makes visible in an unusually literal way.