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200 Pesos

Issuer Provincia de Buenos Aires
Year 1869
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Value 200 Pesos
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Obverse description The obverse is dominated by a central oval vignette containing a bust portrait of a uniformed military figure in epaulettes, set against a fine engine-turned guilloche underprint. The heading reads 'Provincia DE BUENOS AYRES' in large ornate lettering across the top, with the denomination 'DOSCIENTOS PESOS' inscribed in bold letterpress below. Two allegorical side vignettes flank the central portrait — a pastoral scene with figures at lower left and a reclining female allegory at lower right — with numeral counters '200' repeated at both lower corners.
Obverse lettering Provincia DE BUENOS AYRES
Reconozco este billete por
DOSCIENTOS PESOS
moneda corriente
200
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Comments

The Provincia de Buenos Ayres operated its own currency independently of the Argentine national government well into the 1860s — a product of the prolonged tension between Buenos Aires province and the Confederation that had only nominally resolved with the 1862 unification under Mitre. These provincial notes circulated alongside, and often in competition with, early national issues, reflecting how slowly fiscal consolidation actually moved on the ground.

The American Bank Note Company held a near-monopoly on quality intaglio work for South American issuers at this period. Plates were engraved in New York and the finished notes shipped south — a logistical arrangement that made local counterfeiting genuinely difficult.

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