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40 Pesos

Issuer Provincia de Buenos Aires - Ministerio de Hacienda / Aduana
Year 1820
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Reference(s) P#S110
Obverse description Hand-dated customs voucher printed on laid paper within a double-rule rectangular border. A circular official seal vignette is centered at the top, surrounded by an ornate guilloche ring with a crowned arms motif. Below, the denomination legend VALE POR CUARENTA PESOS. appears in bold letterpress, followed by the acceptance clause Admisibles en Aduana en introducciones maritimas y terrestres. Two manuscript signatures appear in the lower half, the second accompanied by a small embossed or ink stamp.
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Protection description Circular official seal of the Provincia de Buenos Aires printed or embossed on the obverse.
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Comments

The Province of Buenos Aires was operating without a formal banking institution in 1820 — the Banco de la Provincia de Buenos Aires would not be established until 1822. Fiscal instruments like this one were issued directly through the Hacienda and Customs apparatus to meet immediate government obligations, functioning more as assignats than conventional banknotes. The year itself was one of acute political fragmentation: the Battle of Cepeda in February 1820 had dissolved the central government entirely, leaving provincial authorities to manage finance independently.

The sole security feature was an official seal — no printed serial numbering, no complex intaglio work. Forgery risk was real, and the provincial government knew it.

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