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50 Pesos

Issuer Junta de la Administración de la Casa de Moneda, Buenos Ayres
Year 1848
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Currency Peso (1826-1985)
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Obverse description The obverse is laid out in a symmetrical typeset composition with the word CINCUENTA running vertically along both lateral borders. Two oval cartouches in the upper corners each bear the numeral 50, flanking a central oval vignette of a standing bull rendered in fine intaglio line engraving. The text LA PROVINCIA DE and BUENOS AYRES appears on either side of the central vignette, with the full denomination legend CINCUENTA PESOS MONEDA CORRIENTE and the issuing authority Por la Junta de Administracion de la Casa de Moneda inscribed below, dated 19 OCTUBRE 1848, with two manuscript signatures and the numeral 50 repeated at the lower corners.
Obverse lettering CINCUENTA
50
LA PROVINCIA DE
BUENOS AYRES
CINCUENTA PESOS
MONEDA CORRIENTE
Por la Junta de Administracion de la Casa de Moneda
19 OCTUBRE 1848
50
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The Junta de la Administración de la Casa de Moneda was Buenos Aires province's issuing authority during the long Rosas period — not a national bank, because no such institution existed yet. Argentine monetary unification wouldn't come until the 1890s, leaving each province to manage its own paper emissions. This note predates the fall of Rosas by four years; the political crisis of 1852 and the subsequent reorganization of Buenos Aires finances disrupted the entire emission series.

PS407 is among the more elusive entries in this series. Survivors tend to show heavy fold wear from commercial use — the 50 Peso denomination circulated actively rather than sitting in reserves.