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100 Pesos with 'LEY' on Obverse

Issuer Banco Central de la República Argentina
Year 1971-1973
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Currency Peso ley (1970-1983)
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Obverse description Intaglio-printed portrait of General José de San Martín in right-center, rendered in a dark carmine-brown tone against a fine guilloche underprint. The bank title and denomination CIEN PESOS are inscribed above and below the vignette, with the statutory reference LEY 18.188 below the denomination. Two facsimile signatures appear at the lower center, above the titles GERENTE GENERAL and PRESIDENTE.
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Protection type Watermark
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Comments

Argentina's chronic inflation through the early 1970s meant high-denomination notes like this cycled through circulation rapidly and wore out fast. The "LEY" overprint on the obverse distinguishes it from earlier issues and reflects successive legislative re-authorizations of the currency framework — a bureaucratic paper trail made visible on the banknote itself.

Casa de Moneda's chalcographic work on this series is competent but unambitious. Used examples in poor condition are the rule, not the exception.

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