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500 Pesos

Issuer Banco y Casa de Moneda del Estado de Buenos Ayres
Year 1857
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Currency Peso (1826-1985)
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Obverse description The obverse is printed in black ink on white paper and divided into three upper vignette panels: at left, an agricultural scene with a harvesting figure and sheaves; at center, a gaucho on horseback with additional riders in a pastoral landscape; at right, a beehive surrounded by trees. Below the vignettes, the bold inscription 'El Estado de Buenos Ayres' is set within an ornate guilloche band, with a manuscript line reading 'Reconoce este Billete por Quinientos pesos moneda corriente'. The lower register carries two oval denomination panels bearing '500' flanking a central Argentine coat of arms, with the legend 'POR EL DIRECTORIO DEL BANCO Y CASA DE MONEDA' and the manuscript date '19 Agosto 1857' below two handwritten signatures.
Obverse lettering
El Estado de Buenos Ayres
Reconoce este Billete por Quinientos pesos moneda corriente
500
POR EL DIRECTORIO DEL BANCO Y CASA DE MONEDA
19 Agosto 1857
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The Banco y Casa de Moneda del Estado de Buenos Ayres was a creature of provincial politics — Buenos Aires had seceded from the Argentine Confederation in 1852 following the battle of Caseros, and for nearly a decade the province operated as an independent state with its own currency, customs revenue, and banking apparatus. This note belongs to that interregnum period, when Buenos Aires peso notes were legal tender within the province but explicitly excluded from the rest of the territory that would later become the Argentine nation.

High-denomination provincial paper from this period is rarely encountered in collectible condition. The Buenos Aires monetary system collapsed under inflation well before reunification in 1861, and most surviving paper from the Casa de Moneda suffered accordingly.