2 Centavos

Argentina's bronze centavo series of the 1880s was issued under significant fiscal strain, as the country's aggressive foreign borrowing and land speculation were building toward the Baring Crisis of 1890 — a sovereign debt collapse that nearly took Baring Brothers of London down with it. The government's monetary house was badly disordered throughout much of this coin's production window.

KM#33 was struck at the Casa de Moneda de Buenos Aires. The series ran unusually long for a nation whose currency arrangements kept shifting beneath it.