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1 Peso

Issuer Banco Nacional de las Provincias Unidas del Río de la Plata
Year 1834-1838
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Value 1 Peso
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Obverse description The obverse is engraved in a classical early 19th-century intaglio style, with the bank title EL BANCO NACIONAL / de las Provincias / Unidas del / RIO DE LA PLATA arching across the upper portion around a central coat of arms vignette. To the left appears the denomination UN PESO in bold letterpress, flanked by two circular overprint medallions dated 1834, while a standing classical female figure occupies the right margin. The promise-to-pay text in ornate script reads Promete pagar al Portador, y a la vista DIEZ Y SIETE PESOS, ó una onza de oro sellada, followed by the authorization line POR EL PRESIDENTE Y DIRECTORES with a manuscript signature below.
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Reverse description The reverse is unprinted, presenting a plain cream-coloured cotton paper surface with no design elements, vignettes, or lettering, consistent with early Argentine provincial note production of the 1830s.
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Comments

The Banco Nacional de las Provincias Unidas del Río de la Plata was itself a contested institution — established in 1826 under Bernardino Rivadavia's centralizing reforms, it became a political target almost immediately, caught between federalist opposition to Buenos Aires-controlled banking and the financial chaos of the war with Brazil. By the time this note was issued, the bank was operating under severe strain, its specie reserves depleted and its notes trading at a discount against hard currency.

Printed locally in Buenos Aires rather than contracted to a European house, the production quality reflects those constraints. The bank was formally liquidated in 1836, meaning notes dated within this series were issued partly by an institution already in the process of being wound down.

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