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2 Pesos

Issuer Tesorería de la Provincia de Buenos Aires
Year 2006
Type Local banknote
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Obverse description The obverse is dominated by a central portrait vignette of Dardo Rocha, rendered in fine intaglio-style engraving against a light guilloche underprint in pale blue and yellow tones. The provincial coat of arms of Buenos Aires appears at the lower left, while the heading 'PROVINCIA DE BUENOS AIRES' is printed in bold red lettering across the top. The denomination '2 PESOS' appears at right and 'DOS PESOS / VALOR NOMINAL' at lower centre, with the note's legal designation 'LETRA DE TESORERIA PARA CANCELACION DE OBLIGACIONES (PATACON)' inscribed in red above the serial number.
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Reverse description The reverse is printed predominantly in orange and red tones on a lightly guilloche-patterned paper ground, with a stylised Doric column vignette at the left and a rosette ornament at the right. The central field carries the full legal text of 'LEY N° 12.774' and the 'RESOLUCION DEL MINISTRO DE ECONOMIA DE LA PROVINCIA DE BUENOS AIRES N° 3008', setting out the terms of issue and maturity date of 13 November 2006. The denomination '2 PESOS' is repeated at upper and lower right.
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Comments

The Tesorería de la Provincia de Buenos Aires began issuing provincial quasi-currency — known as "Patacones" — in 2001 during Argentina's catastrophic convertibility crisis, when the provincial government lacked the federal pesos to meet payroll and supplier obligations. This 2 Peso note belongs to a later emission, dated 2006, well after the worst of the crisis had passed. By that point, most Patacones had been redeemed at par under a 2003 federal buyback program, making late-series issues comparatively scarce in circulation terms.

The 2006 date raises questions about purpose — likely a residual or administrative emission rather than active emergency currency.

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