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100 Pesos
| Issuer | El Gobierno Nacional, Confederación Argentina |
|---|---|
| Year | 1857 |
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| Currency | Peso (1826-1985) |
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|---|---|
| Obverse lettering | CONFEDERACION ARGENTINA 100S CIEN PESOS Decrétos de 7 de Mayo y de 5 de Junio de 1857 EL GOBIERNO NACIONAL promete pagar al portador la cantidad de CIEN PESOS, y el interés del dos por ciento mensual desde la fecha de este documento hasta el día de su amortización, en descuento de una tercera parte de derechos en cualesquiera de las Aduanas Nacionales que fuere presentado. El Ministro de Hacienda. El Contador General. El Tesorero. CIEN PESOS |
| Reverse description | No reverse image available for description. |
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| Comments |
The Confederación Argentina was the rival federal government based in Paraná that existed in parallel with the State of Buenos Aires from 1852 until reunification in 1861. This note was issued by that administration — not by Buenos Aires, which maintained its own separate currency and banking apparatus throughout the period. The distinction matters: Confederación paper circulated in the interior provinces and was chronically short of specie backing, issued against customs revenues that consistently fell short of projections.
Domestic printing in 1857 Argentina meant limited technical sophistication and significant vulnerability to counterfeiting — a problem the Confederación's finance ministry acknowledged repeatedly in correspondence of the period.