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1.000 Pesos
| Issuer | Banco de Buenos Ayres |
|---|---|
| Year | 1827-1829 |
| Type | Log in to see details |
| Value | 1.000 Pesos |
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| Composition | Log in to see details |
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| Obverse description | The note is executed in intaglio style on white paper. At left, a classical allegorical female figure stands beside a column, while at right a second allegorical figure appears in a symmetrical composition; two circular guilloche medallions bearing the numeral '1000' are positioned at upper left and upper right. At centre, a small eagle vignette surmounts the main text block, which carries the promise-to-pay inscription in elaborate script, with the issuer's name 'EL BANCO de BUENOSAYRES' arching across the upper field. A lower central seal and a row of fine-line underprint ornaments appear in the lower portion, with signature lines for 'Contador' at lower left and 'Presidente' at lower right. |
|---|---|
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| Reverse description | The reverse of this note is not visible in the provided image; no description can be confirmed. |
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| Comments |
The Banco de Buenos Ayres was established in 1822 as Argentina's first formal bank of issue, initially backed by a land mortgage scheme rather than specie reserves. By the time notes in this range were dated, the bank was already under severe strain — the prolonged war with Brazil over what became Uruguay had drained public finances, and convertibility had been suspended in 1826, a suspension that would not meaningfully end for decades.
The PS prefix in the Pick catalog signals this as a private or semi-official issue rather than a government emission, though in practice the distinction was thin: the bank operated under provincial charter and its notes functioned as the primary circulating medium in Buenos Aires. Survival rate for issues of this period is low.