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50 Pesos

Issuer Provincia de Buenos Aires - Ministerio de Hacienda / Aduana
Year 1820
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Value 50 Pesos
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Obverse description Log in to see details
Obverse lettering N. 647
PESOS VEINTE O ANGUSTIZALLE
VALE POR CINCUENTA PESOS.
Admisibles en Aduana en introducciones maritimas y terrestres.
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Protection description Circular ink-stamped official seal of the Provincia de Buenos Aires applied to the obverse
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Comments

The Province of Buenos Aires operated its own fiscal apparatus well before any stable national monetary system existed in Argentina, and this note — issued jointly by the Treasury and Customs — reflects that administrative reality. The dual ministerial authority printed on these obligations was a practical necessity: customs revenue was among the few reliable income streams available to the provincial government, and tying paper obligations to that source gave them at least nominal backing.

1820 was a year of acute political fragmentation — the collapse of central authority following the Battle of Cepeda left Buenos Aires effectively governing itself. Notes of this type circulated in a market that had little reason to trust them.