Catalog
50 Centavos
| Issuer | Caja de Conversión, Argentina |
|---|---|
| Year | 1922-1926 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | República Argentina La Nación pagará al portador y a la vista 50 centavos Moneda nacional LEY DE 20 DE SEPTIEMBRE DE 1897 CAJA DE CONVERSION (Translation: Republic of Argentina The Nation will pay the bearer and at sight 50 cents National currency Law of September 20, 1897 Conversion Fund) |
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| Reverse lettering | REPUBLICA ARGENTINA 50 CENTAVOS (Translation: Republic of Argentina 50 cents) |
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| Comments |
Argentina's Caja de Conversión was a currency board established in 1890 following the Baring Crisis, designed to maintain a fixed exchange rate by backing notes strictly with gold reserves. The 50 Centavos fractional notes of this series filled a persistent gap in small-denomination circulation that coins alone couldn't adequately cover during the early 1920s.
P#242A is the less common of two catalogue variants for this issue, distinguished by serial number and signature combinations rather than any visual difference visible to the casual eye.