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5 Pesos

Issuer Estado de Buenos Ayres
Year 1856
Type Local banknote
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Obverse description Plain typeset note on laid paper with guilloche border running along all four edges. The word CINCO appears in large letterpress type at top center and vertically along both side margins, with the numeral 5 at left. A small arms vignette of Buenos Aires is centered between the issuer lines. The text body reads "El Estado de Buenos Ayres — Reconoce este Billete — Por Cinco Pesos MONEDA CORRIENTE — Por el Directorio del Banco y Casa de Moneda", with a handwritten date of 1° Mayo 1856 and a manuscript signature below.
Obverse lettering CINCO
El Estado de Buenos Ayres
Reconoce este Billete
Por Cinco Pesos MONEDA CORRIENTE
Por el Directorio del Banco y Casa de Moneda
1° Mayo 1856
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Comments

The Banco y Casa de Moneda operated under the provincial government of Buenos Aires during its period of political separation from the Argentine Confederation — a split that lasted from 1852 to 1861 following Urquiza's defeat of Rosas at Caseros. Buenos Aires refused to ratify the 1853 constitution and effectively ran its own monetary system during these years, issuing notes backed by the province's considerably stronger commercial economy rather than the federal arrangement it rejected.

Locally printed in an era when most Latin American issuers depended on European contractors, the production quality reflects the limitations of mid-century Buenos Aires printing infrastructure. Paper deterioration is a known issue across the PS416 series.