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2 Escudos

Issuer La Rioja
Year 1843
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Weight 6.75 g
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Obverse script Latin
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Reverse lettering ETERNO LOOR AL RESTAURADOR ROSAS 2 E
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Additional information

La Rioja's gold coinage of the early 1840s belongs to the chaotic monetary period following Argentine independence, when provincial authorities — lacking any coordinated federal monetary policy — struck their own gold and silver on irregular schedules determined largely by local treasury needs. This 2 Escudos was issued under provincial authority at a moment when Buenos Aires and the interior were locked in ongoing political conflict over centralism versus federalism, and interprovincial trade made a functioning local gold coinage genuinely necessary rather than ceremonial.

Provincial Argentine gold of this type survives in small numbers; most examples that do appear show significant circulation wear, suggesting these pieces actually moved through commerce rather than sitting in reserve.

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