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100 Pesos

Issuer Banco Nacional
Year 1826
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Composition Paper
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Obverse description Hand-dated note in a letterpress typographic style, centred with the bank title 'Banco Nacional' in elaborate calligraphic script within an ornamental cartouche. A small Argentine coat of arms vignette appears below the bank name, flanked by denomination numerals '100' in dark oval frames at upper right and lower left. The body text, rendered in a combination of engraved and typeset script, carries the promise-to-pay legend in Spanish, with 'CIEN PESOS' highlighted in a rectangular panel. Two manuscript signatures appear at the bottom, one designated Contador and one Presidente, with a serial number handwritten at upper left and lower right.
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Reverse description No image of the reverse is available for this note.
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Comments

Banco Nacional was Argentina's first national bank, founded in 1826 under Bernardino Rivadavia's administration with substantial British capital involvement. It collapsed in 1836 under the weight of inconvertibility and political pressure from the Rosas government, making its entire note issue a compressed ten-year window.

PS#349 places this among the earliest paper money circulating in the Río de la Plata region. Printed locally in Buenos Aires rather than sent abroad to established security printers, production quality was inconsistent across the series — a known characteristic, not a defect specific to any one example.

The bank never resumed operations after Rosas dissolved it.

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