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50 Pesos

Issuer Tesorería General de la Confederación Argentina
Year 1860
Type Local banknote
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Obverse description The left side of the note bears a vertical oval vignette with an allegorical seated figure representing the Argentine Republic, inscribed 'REPUBLICA ARGENTINA' along its border, surrounded by ornamental rosette devices and a decorative lathe-work frame. The right portion carries the printed legend 'LEY DE 1° DE OCTUBRE DE 1860' at the top, followed by the denomination text 'POR CINCUENTA PESOS' in bold letterpress, with manuscript-filled fields for serial number, place (Parana), and date, below which a formal promise-to-pay text in Spanish is set in typeset script. Two manuscript signature lines appear at the bottom, accompanied by a circular official seal impressed in ink at the lower right.
Obverse lettering LEY DE 1° DE OCTUBRE DE 1860
POR CINCUENTA PESOS
Paraná
La Tesorería General pagará a la vista al portador del presente CINCUENTA PESOS de ley y vida en con más el rédito del uno por ciento de
Vence el día
Por El Ministro de Hacienda
Por El Comisionado
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The Confederación Argentina was a short-lived political entity — the rump state that existed after Buenos Aires seceded in 1852, before the two were reunified by force in 1861. Notes issued by its Tesorería General during these years circulated in genuinely contested political territory, and the Confederación's chronic fiscal weakness meant paper emissions were often backed by little more than optimism.

Domestic printing in this period was technically rudimentary by South American standards. Buenos Aires had access to better press infrastructure; Paraná, the Confederación's capital, did not. PS#230 surviving in any condition is notable — wartime-adjacent political instability, inflation, and the post-reunification currency reforms all conspired against survival of Confederate-era paper.

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