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1 Peso
| Issuer | Banco Nacional - Caja de Buenos Aires |
|---|---|
| Year | 1826 |
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| Value | Log in to see details |
| Currency | Peso (1826-1985) |
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| Obverse description | Horizontal rectangular note with a typeset layout on aged paper. The header reads BANCO NACIONAL flanked by decorative repeated ornamental devices along the top border. A central coat of arms vignette divides the denomination text 'Un Peso' at upper left from the serial number area at upper right; the body text, rendered in letterpress, states the promise to pay the bearer in sealed gold, with the authorization line 'Por los Directores y Comp.' below. The lower border carries a warning inscription against counterfeiting, and the lower left corner bears the imprint CAJA DE B. A. |
|---|---|
| Obverse lettering | BANCO NACIONAL Un Peso. N° Promete pagar al Portador diez y siete Pesos, o una onza de Oro sellado, por diez y siete de estos Billetes Por los Directores y Comp. CAJA DE B. A. La ley condena a muerte al falsificador y a cumplida... |
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| Comments |
The Banco Nacional was established in 1826 under Bernardino Rivadavia's presidency as part of an ambitious — and ultimately short-lived — centralist project to modernize Argentine finance. The bank collapsed in 1836 under the weight of excessive note issuance and government borrowing, and most of its paper was redeemed or destroyed during the subsequent monetary reorganization under Rosas.
The "Caja de Buenos Aires" designation distinguishes notes payable through the Buenos Aires cashier's office specifically, reflecting the federal tensions of the period. Survivors from this early issue are genuinely rare — very few examples are documented outside Argentine institutional collections.