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50 Pesos

Issuer Provincia de Buenos Aires
Year 1867
Type Local banknote
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Obverse description The obverse is dominated by a large oval vignette at left, presenting an equestrian figure — likely a gaucho or military horseman — rendered in fine intaglio engraving. The upper portion bears a serial number within an ornate guilloche border, with the large inscription LA PROVINCIA DE BUENOS AYRES across the top. A green underprint panel at centre carries the handwritten acknowledgement text and the denomination CINCUENTA PESOS in bold letterpress, with the numeral 50 repeated in each corner and along the side panels.
Obverse lettering LA PROVINCIA DE BUENOS AYRES
Reconozco este Billete por
CINCUENTA PESOS
moneda corriente Abril 1º de 1867
POR EL INSPECTOR
POR EL PRESIDENTE DEL BANCO Y CASA DE MONEDA
CINCUENTA PESOS
50
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Comments

The Banco y Casa de Moneda de la Provincia de Buenos Aires occupied a peculiar institutional position: simultaneously a note-issuing bank and the provincial mint, a dual function that reflected the financial improvisation characteristic of Argentine provincial governance in the mid-nineteenth century. By 1867, the province had been operating its own monetary system largely independent of the national government, a tension that would not be formally resolved until federalization of Buenos Aires in 1880.

PS#475 sits in a series where surviving examples are genuinely uncommon — high-denomination provincial notes from this period circulated hard and were rarely preserved.

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