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1 Peso
| Issuer | Banco de Buenos Ayres |
|---|---|
| Year | 1826 |
| Type | Log in to see details |
| Value | 1 Peso |
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| Composition | Log in to see details |
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| Obverse description | Typeset note printed in brown ink on plain paper, with the denomination panel "UN PESO" in a dark rectangular cartouche at upper left. A small coat of arms vignette with laurel branches is centred at the top, flanked by the cursive issuer title "El Banco de Buenos Ayres" in elaborate calligraphic script. The body carries a promise-to-pay text in Spanish in mixed letterpress and script lettering, with the authority panel "POR LOS DIRECTORES Y ACCIONISTAS" in a ruled box at lower centre, followed by a manuscript signature. |
|---|---|
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| Reverse description | Reverse is unprinted, consisting of plain undyed cotton paper with visible fold lines and age toning consistent with early nineteenth-century hand-paper stock. No text, vignettes, or security devices are present. |
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| Comments |
The Banco de Buenos Ayres was established in 1822 as the first bank in the Río de la Plata region, and its early notes were among the first fiduciary paper money issued in what would become Argentina. By 1826 the institution was under severe strain — the costs of the Cisplatine War against Brazil had drained the treasury, and the bank was forced to suspend specie payments that same year, a suspension that would last decades and permanently erode public confidence in its paper.
Printed locally rather than in Europe, which was unusual for the period and reflects both the urgency of production and the geographic isolation of Buenos Aires from established security printers.