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1 Peso

Issuer Banco y Casa de Moneda de Buenos Ayres
Year 1858
Type Local banknote
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Obverse description The obverse is printed in dark ink on plain paper with an overall fine guilloche border. The Argentine state arms vignette occupies the upper centre, flanked by numeral "1" counters in each upper corner. The main body carries a manuscript-style letterpress text authorising the note, with the denomination "Un Peso" in large script letters and "MONEDA CORRIENTE" in bold capitals below. A manuscript signature appears at the lower centre, with the date "Mayo 25 de 1858" inscribed in the upper left area.
Obverse lettering EL ESTADO DE BUENOS AYRES
Reconoce este Billete por
Un Peso MONEDA CORRIENTE
Por el Directorio del Banco y Casa de Moneda
Mayo 25 de 1858
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Comments

The Banco y Casa de Moneda de Buenos Aires occupied a peculiar constitutional position in the 1850s — it was simultaneously the provincial bank of Buenos Aires and the de facto central bank of a province that had seceded from the Argentine Confederation and was operating as a fully independent state. The 1853 Constitution created a federal republic, but Buenos Aires refused to join until 1861, leaving this institution issuing currency under its own authority with no federal oversight whatsoever.

PS prefix in the Pick catalogue flags it as a broken bank or obsolete provincial issue. By the time Buenos Aires rejoined the Confederation, the monetary landscape had shifted and these notes were absorbed into successor arrangements rather than formally redeemed at face.