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1000 Australes
| Issuer | Provincia de Salta |
|---|---|
| Year | 1989 |
| Type | Local banknote |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Uniform teal-blue letterpress print on a light guilloche underprint bearing a central watermark-style sun vignette. The entire face is occupied by a ruled text panel enclosed within a fine guilloche border, setting out Articles 1 through 5 of Laws 6228–6495 governing the issuance of the debt-cancellation bonds, followed by a closing line citing Decree 1420 of 31 July 1989. The denomination A1000 is printed vertically in large numerals along the right margin. |
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| Protection description | No watermark |
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| Comments |
Argentina's hyperinflationary spiral of 1989 — the same crisis that pushed annual inflation past 3,000% and forced Raúl Alfonsín to hand power to Menem five months early — drove several provinces to issue their own emergency quasi-currency. Salta's australes notes were essentially provincial bonds forced into circulation as wage and payment instruments when the federal government could no longer guarantee liquidity to the interior.
Casa de Moneda printed these under extraordinary pressure; the federal mint was simultaneously handling multiple provincial emergency issues that year. The watermark is the sole security feature — modest by any measure, but enough to deter crude counterfeiting in a province far from the capital.