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500 Pesos with 'DECRETO-LEY' on Obverse
| Issuer | Banco Central de la República Argentina |
|---|---|
| Year | 1974-1975 |
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| Printer | Casa de Moneda, Argentina |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DE LA REPÚBLICA ARGENTINA QUINIENTOS PESOS DECRETO-LEY Nº 18.188/69 GERENTE GENERAL VICE PRESIDENTE (Translation: Central Bank of the Argentine Republic Five Hundred Pesos Decree-Law No. 18,188/69 General Manager Vice President) |
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| Signature(s) | "Gerente General & Presidente" "Gerente General & Vice-Presidente" |
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| Comments |
Argentina's chronic inflation during the early 1970s forced a series of legislative interventions in the currency framework, and the "Decreto-Ley" overprint on this note marks a specific moment in that administrative turbulence — when authorization for the note series was retroactively or prospectively anchored to decree-law rather than ordinary congressional legislation. The distinction mattered legally, if not to anyone using the note for a bus fare.
Two signature combinations appear across the print run, reflecting leadership changes at the Banco Central during the 1974–75 window — a period bookended by Perón's death in July 1974 and the deepening political crisis that preceded the 1976 coup.