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1 Peso

Issuer Banco Central de la República Argentina
Year 1948-1951
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Currency Peso moneda nacional (1881-1969)
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Reverse description The Argentine national coat of arms occupies the central field, surrounded by a wreath of laurel branches rendered in fine line engraving. Textual legends are distributed in the upper and lower registers against a green guilloche underprint that fills the entire note.
Reverse lettering REPUBLICA ARGENTINA UN PESO
(Translation: ARGENTINE REPUBLIC ONE PESO)
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Comments

Mouchon's involvement here is a historical echo — the French engraver died in 1914, decades before this note was issued. The Argentine authorities were working from existing plate designs, a common cost-saving practice that meant mid-century banknotes sometimes carried artwork conceived in a very different political moment. The Banco Central had been restructured under Perón in 1946, bringing the institution under direct state control after years of a more orthodox central banking model.

The series ran across a four-year window during which inflation was already beginning to erode the peso's purchasing power — the 1 Peso denomination was losing practical relevance even as it was being printed.

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