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50 Pesos

Issuer El Gobierno Nacional, Confederación Argentina
Year 1857
Type Local banknote
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Obverse description Plain typeset note issued under the authority of the Confederación Argentina, with the denomination '50 PESOS' printed in large letters at upper left and right and vertically along both side margins. The central text, in Spanish, reads 'EL GOBIERNO NACIONAL promete pagar al portador la cantidad de CINCUENTA PESOS' with a clause for two percent monthly interest and acceptance at National Customs offices, issued at Paraná and dated in manuscript. Three manuscript signature lines appear at the lower portion for El Ministro de Hacienda, El Contador General, and El Tesorero, with a circular ink stamp at right.
Obverse lettering CONFEDERACION ARGENTINA
50 PESOS.
CINCUENTA PESOS.
EL GOBIERNO NACIONAL
Decretos de 7 de Mayo y de 5 de Junio de 1857.
El Ministro de Hacienda. El Contador General. El Tesorero int.
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The Confederación Argentina was the rival federal government seated at Paraná, Entre Ríos, locked in direct political opposition to the State of Buenos Aires throughout the late 1850s. These notes circulated in the interior provinces during that split — Buenos Aires had seceded in 1852 following the fall of Rosas, and the two entities ran parallel administrations, parallel currencies, and parallel everything else until reunification forced under Bartolomé Mitre in 1861.

Printing in Paraná rather than a European bureau reflects both the urgency and the limited resources of a government that never fully controlled its own financial infrastructure. Notes of this series are scarce in any condition; the Confederation's short lifespan meant limited production runs and poor archival survival.