目录
| 正面描述 | Plain typeset note issued under the Decreto de 7 de Mayo de 1857, with the large bold legend EL GOBIERNO NACIONAL across the centre, above a text block promising payment of twenty pesos to the bearer at one percent monthly interest, redeemable at any Argentine national customs house. Denomination numerals 20 $ appear at upper left and right, with CONFEDERACION ARGENTINA as the heading and VEINTE PESOS running vertically along the left border and horizontally at the foot. A circular HACIENDA handstamp is struck to the upper right, and three manuscript signatures appear at the base below the printed titles El Ministro de Hacienda, El Contador General 2° and El Tesorero. |
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| 正面铭文 | CONFEDERACION ARGENTINA Decreto de 7 de Mayo de 1.857. 20 $ VEINTE PESOS EL GOBIERNO NACIONAL promete pagar al portador la cantidad de VEINTE PESOS, y el interes del uno por ciento mensual desde la fecha de este documento hasta el dia de su amortizacion, en Descuento de una tercera parte de derechos en cualquiera de las Aduanas Nacionales que fuere presentado. El Ministro de Hacienda. El Contador General. 2° El Tesorero. |
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The Confederación Argentina — the rival federal state based in Paraná that competed with Buenos Aires province from 1853 to 1861 — issued notes through its Ministerio de Hacienda rather than through a formal bank, reflecting the confederation's chronic inability to establish a stable banking institution. Fiscal improvisation was the rule throughout this period, and these treasury emissions were a direct consequence of Buenos Aires withholding customs revenue from the interior provinces.
PS# prefixes in the Pick catalogue denote provisional or state-chartered issues, but this one belongs to a politically fragmented moment that makes "provisional" an understatement. The confederation dissolved following Urquiza's defeat at Pavón in 1861, after which Buenos Aires absorbed the interior and most remaining Paraná-issued paper lost whatever nominal value it still carried.