200 Pesos

The Banco y Casa de Moneda de la Provincia de Buenos Ayres occupied an unusual institutional position — simultaneously a bank of issue and a mint, a combination that reflected the province's jealous retention of monetary autonomy during the decades when Buenos Aires and the Argentine Confederation were often at political and financial loggerheads. By 1867 the worst of that conflict was over, but provincial currency continued to circulate independently of any national framework.

At this denomination, circulation was limited to commercial and wholesale transactions. Survival rates for high-value provincial Argentine paper from this period are low — most examples that lasted were held in archives rather than found in trade.