Catalog
50 Pesos
| Issuer | Tesorería de la Provincia de Buenos Aires |
|---|---|
| Year | 2006 |
| Type | Local banknote |
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| Reverse description | Central text block contains the full legislative text of Ley N° 12.774, authorizing the issuance of Letras de Tesorería para Cancelación de Obligaciones, flanked by ornate guilloche columns at left and right. Decorative rosettes appear at the corners and a fine underprint fills the background. Denomination numeral 50 appears in blue at upper left and right. |
| Reverse lettering | LEY N° 12.774 ARTÍCULO 1° - Apruébase la emisión de Letras de Tesorería para Cancelación de Obligaciones, denominadas "Patacón 2"... RESOLUCIÓN DEL MINISTERIO DE ECONOMÍA DE LA PROVINCIA DE BUENOS AIRES N°3000 50 PESOS |
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| Comments |
The Tesorería de la Provincia de Buenos Aires issued provincial currency during the 2001–2002 convertibility crisis, when Argentina's federal banking system effectively seized up and provinces resorted to quasi-monedas — parallel currencies used to pay public employees and meet obligations the provinces could not cover in pesos or dollars. Buenos Aires Province issued the Patacón series under that emergency, and P#S2323 belongs to that lineage, though the 2006 date places it at the tail end of redemption-era replacements rather than the original crisis issuance.
By 2006, the national government had moved to absorb and retire most provincial quasi-monedas. Any notes still being issued or reissued at that point occupied an ambiguous legal and monetary space.