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5000 Pesos argentinos

Issuer Banco Central de la República Argentina
Year 1984-1985
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Value 5000 Pesos Argentinos (5000 ARP)
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Obverse description Intaglio portrait of Juan Bautista Alberdi at right, rendered in dark red-brown tones against a violet and multicolour guilloche underprint. A central ornate vignette in brown carries the denomination legend in large letterpress text, flanked by two facsimile signatures above the titles GERENTE GENERAL and PRESIDENTE. The numeral 5000 appears in large format at lower right, with a decorative rosette and geometric security elements at upper right.
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Reverse lettering REPUBLICA ARGENTINA
5000
LOS CONSTITUYENTES DE 1853
CINCO MIL PESOS ARGENTINOS
CASA DE MONEDA
(Translation: Argentine Republic / 5000 / The Constituents of 1853 / Five Thousand Argentine Pesos / Casa de Moneda)
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The peso argentino was itself a replacement currency, introduced in 1983 at a rate of 10,000 old pesos moneda nacional to one — an admission of how badly the preceding inflation had run. By the time this 5,000-peso argentino note was circulating in 1984–85, the replacement was already failing on the same trajectory. Annual inflation crossed 600% in 1984 and kept climbing.

The series was retired when the austral replaced the peso argentino in June 1985, again at 1,000-to-one. Notes of this denomination, caught between two emergency redenominations, saw heavy circulation and are commonly found in worn grades.

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