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5 Pesos

Issuer Tesorería General de la República Argentina
Year 1860
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Shape Rectangular
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Obverse description Issued under the Ley de 1.° de Octubre de 1860, this note bears the heading REPÚBLICA ARGENTINA within a typeset frame, with the serial number in the upper left and the denomination numeral 5 in both upper and lower right corners. The body text, handwritten and typeset in Spanish, records the obligation of the Tesorería General to pay five pesos with monthly interest at one percent, with a maturity date filled in manuscript. Two manuscript signatures appear at the foot, attributed to El Ministro de Hacienda and El Contador General, beneath printed title designations.
Obverse lettering CINCO PESOS
REPÚBLICA ARGENTINA
Por Cinco Pesos
Ley de 1.° de Octubre de 1860
Paraná, 1.° de Ocbre. de 1860
La Tesorería General pagará a los tres meses de la fecha al portador la cantidad de cinco pesos (de diez y seis reales) más el interés del uno por ciento mensual.
Vence el día primero de Enero de 1861
Por El Ministro de Hacienda
El Contador General
CINCO PESOS
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Comments

The Tesorería General de la República Argentina was operating out of Paraná during this period because Paraná served as the capital of the Argentine Confederation from 1853 to 1861 — the years when Buenos Aires province was functioning as a separate, breakaway state. These notes were issued by the Confederation government, not by the unified Argentine Republic that would emerge after the Battle of Pavón in September 1861.

Printing domestically in Paraná, rather than contracting a European house, was a practical necessity for a cash-strapped administration with limited foreign credit. The quality reflects that constraint. After reunification, Confederation-issued paper had no standing in the new order, and most was withdrawn and destroyed — survival rates are accordingly low.

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