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| 正面铭文 | 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 |
| 背面描述 | The reverse is plain paper bearing extensive manuscript endorsements and handwritten annotations in Spanish, including references to place names, dates, and amounts, along with what appears to be a partial ink stamp impression. The note shows considerable handling wear, foxing, and edge damage consistent with circulation. |
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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 After reunification, Confederation-issued paper had no standing in the new order, and most was withdrawn and destroyed — survival rates are accordingly low.