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2 Pesos

Issuer Tesorería General
Year 1860
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Composition Paper
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Obverse lettering DOS PESOS
REPUBLICA ARGENTINA
POR 2 PESOS
Ley de 1.º de Octubre de 1859
La Tesorería General pagará á los ... al portador de la fehaciente cantidad de dos pesos (de ley y fijos en casa la pro) con mas el interés del uno por...
Por el Ministro de Hacienda
El Contador General
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Protection type Official seal
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Comments

The Tesorería General issues of 1860 belong to a period when Argentina had no unified national currency — the country was operating under a patchwork of provincial and institutional emissions, each circulating with limited geographic reach. A treasury note rather than a bank note proper, this piece derives its authority from the issuing office itself rather than from any reserve-backed banking institution.

PS#226 is among the earlier catalogued Argentine fiscal emissions, and surviving examples are uncommon simply because treasury notes of this period were treated as transactional instruments, not savings vehicles. Redemption rates were irregular at best.

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