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2 Pesos Centenary of the Discovery of Oil in Argentina, reeded Edge
| Issuer | Casa de Moneda de la República Argentina |
|---|---|
| Year | 2007 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
| Thickness | 2.0 mm |
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| Reverse description | At center-left, a stylized drilling or pumping machine is depicted in profile, representing the oil industry. To the right, the face value is expressed as the numeral '2' above the word 'PESOS' in bold lettering. The upper border carries the provincial name 'CHUBUT', identifying the Patagonian province where the oil was first discovered, and the year of issue '2007' appears in the exergue. |
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| Reverse lettering | CHUBUT 2 PESOS 2007 |
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| Additional information |
Argentina's first commercial oil discovery occurred at Comodoro Rivadavia in Chubut Province on December 13, 1907, when a government drilling team searching for fresh water struck petroleum at roughly 540 meters depth. The find was entirely accidental. Within months, the state moved to nationalize the field rather than cede it to private interests — a decision that eventually led to the founding of YPF in 1922, one of Latin America's earliest state oil companies.
The KM#145.1 designation distinguishes the reeded-edge variety from its plain-edge counterpart, both struck in the same year for circulation.