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5 Pesos with 'LEY' on Obverse

Issuer Banco Central de la República Argentina
Year 1971-1973
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Printer Casa de Moneda de la Nación, Argentina
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Obverse description Intaglio-printed portrait vignette of General Manuel Belgrano occupies the right half of the note, with his name inscribed below in small capitals. The left side carries a large guilloche numeral '5' alongside intricate lathe-work underprint in pale blue and green tones. Two facsimile signatures appear in the centre below the denomination, attributed to the Gerente General and the Presidente of the bank.
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Reverse description The central vignette presents a detailed intaglio aerial view of the Monumento a la Bandera (National Flag Memorial) in Rosario, set within an oval frame against a fine guilloche underprint in blue and gold. The Argentine coat of arms appears to the lower left, flanked by large lathe-work numerals '5' at each corner. The printer's imprint 'Casa de Moneda de la Nacion' is rendered in small letterpress text at the foot of the note.
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Comments

The "LEY" overprint distinguishes this issue from the otherwise identical P#287 series — a legal designation acknowledging the monetary reform law that authorized the peso ley 18.188, which effectively redenominated Argentine currency at 100 old pesos moneda nacional to 1 new peso ley. The overprint was a stopgap while new plates were prepared, a common Argentine practice during the chronic monetary turbulence of the early 1970s.

Casa de Moneda produced the full series domestically. Jorge Nicastro and Adelma Cabrera were both staff engravers there — a rare instance of named Argentine engravers on a circulating note of this period.

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