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2 Pesos

Issuer Provincia de Mendoza
Year 2007
Type Local banknote
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Obverse description The obverse is printed on pale green and ochre guilloche underprint. At upper left, the numeral '2' appears in dark ink, with the issuer inscription 'PROVINCIA DE MENDOZA' across the top in bold letterpress. A central vignette to the right carries a detailed engraving of an oil derrick, reflecting the note's backing by petroleum royalties (regalías petrolíferas). The text 'LETRAS DE TESORERÍA GARANTIZADAS CON REGALÍAS PETROLÍFERAS PETROM' and the denomination 'DOS PESOS VALOR NOMINAL' are printed centrally, with two facsimile signatures below identifying the Contador General and Tesorero General de la Provincia; the serial number and series designation appear at upper right.
Obverse lettering PROVINCIA DE MENDOZA
LETRAS DE TESORERÍA GARANTIZADAS CON REGALÍAS PETROLÍFERAS
PETROM
AL PORTADOR
DOS
PESOS VALOR NOMINAL
2
CONTADOR GENERAL DE LA PROVINCIA
TESORERO GENERAL DE LA PROVINCIA
SERIE A
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Comments

Mendoza was one of several Argentine provinces that reissued its own quasi-currency during and after the 2001–2002 convertibility crisis, when the federal government's freeze on bank withdrawals left provincial economies starved of circulating money. These emergency bonds — known generically as "patacones" in Buenos Aires Province but carrying their own local names elsewhere — functioned as wage payments and were accepted at face value by provincial tax offices and many retailers.

A 2007 date is late for this type. Most provincial scrip had been withdrawn and redeemed by 2003–2004 under federal buyback agreements. Whether this represents a late-dated replacement printing, a locally authorized extension, or a fiscal instrument with a different function than the earlier crisis notes would need to be confirmed against provincial treasury records.