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50 Pesos

Issuer Banco Central de la República Argentina
Year 1942-1954
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Composition Paper
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Obverse lettering El Banco Central de la República Argentina pagará al portador y a la vista Cincuenta pesos LEY Nº 12.155 DE 28 DE MARZO DE 1935. MONEDA NACIONAL 50 PESOS
(Translation: The Central Bank of Argentina will pay the Bearer Fifty Pesos Law No. 12,155 of March 28, 1935 National Currency 50 Pesos)
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Protection description Portrait of General Manuel Belgrano.
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Comments

Argentina's Banco Central issued this series during a stretch of significant monetary stress — the postwar inflationary surge of the late 1940s meant that 50-peso notes, once a substantial denomination, were being spent with increasing speed. High velocity circulation in urban centers left most examples heavily worn, and uncirculated survivors from the early part of the issue window are genuinely difficult to place.

The series ran across three administrations, including Perón's first presidency, during which the central bank was nationalized in 1946 and brought under direct government control — a structural shift that changed how note issuance was authorized and recorded.

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