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2 Pesos
| Issuer | Tesorería de la Provincia de Buenos Aires |
|---|---|
| Year | 2006 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | P#S2319 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Pale orange and cream note dominated by a tall decorative column vignette at left and a guilloche rosette at right. The central field carries a lengthy printed legal text in small typeface referencing Ley Nº 12.774 and the Resolución del Ministro de Economía. Denomination '2 PESOS' appears in red at upper and lower right. |
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| Signature(s) | Víctor E. Perera and Aníbal Zurategui |
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| Comments |
The Tesorería de la Provincia de Buenos Aires re-entered the currency business during the 2001–2002 convertibility collapse, when the federal government's freeze on bank deposits — the corralito — forced provinces across Argentina to issue their own quasi-currencies to meet payroll and public expenditure. Buenos Aires Province issued the Patacón series; this 2 Peso note belongs to a later supplementary phase of that provincial emergency emission, dated 2006 well after the acute crisis had passed.
Provincial quasi-currencies were legally bonds but functioned as circulating cash. The federal government eventually redeemed most of them at par, but redemption was uneven and slow.