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200 Pesos

Issuer El Gobierno Nacional, Confederación Argentina
Year 1859
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Reference(s) P#S205
Obverse description Plain typeset note within a rectangular border with small rosette corner ornaments and a vertical guilloche band along the left margin. The upper portion bears the heading 'CONFEDERACION ARGENTINA' flanked by the denomination '200 PESOS' on both sides, with the contract date 'Contrato de 10 de Mayo de 1859' at the top and the issue place and date 'Paraná, 25 de Mayo de 1859' below. The body of the note contains a letterpress promise-to-pay text in the name of El Gobierno Nacional, with spaces for three manuscript signatures attributed to El Ministro de Hacienda, El Contador, and El Tesorero, and the denomination 'DOSCIENTOS PESOS' repeated in the vertical side panels and at the foot.
Obverse lettering Contrato de 10 de Mayo de 1859
200 PESOS. CONFEDERACION ARGENTINA. 200 PESOS.
Paraná, 25 de Mayo de 1859.
EL GOBIERNO NACIONAL
El Ministro de Hacienda. El Contador. El Tesorero.
DOSCIENTOS PESOS.
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Comments

The Confederación Argentina operated as a rival state to the Buenos Aires province government between 1853 and 1861, following the secession of Buenos Aires after Urquiza's victory at Caseros. Paraná served as the Confederation's capital, and notes printed there reflect a domestic production capacity that was, by any measure, rudimentary compared to the engraved issues Buenos Aires was sourcing from European firms at the same period.

Locally printed Confederation paper suffered chronic credibility problems in commerce — merchants in the interior often discounted it heavily or refused it outright. The entire monetary experiment collapsed after the Battle of Pavón in September 1861, when Urquiza withdrew his forces and Buenos Aires absorbed the Confederation, rendering this currency obsolete within months of issue.