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100 Pesos
| Issuer | El Gobierno Nacional, Confederación Argentina |
|---|---|
| Year | 1859 |
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| Currency | Peso (1826-1985) |
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| Obverse description | Plain typeset note with a fine guilloche border framing the entire face. The central text block, in Spanish, states that El Gobierno Nacional promises to pay the bearer one hundred pesos with one and a half percent monthly interest, redeemable at any national customs house against import and export duties; dated Paraná, 25 de Mayo de 1859. The denomination '100 $' appears at upper left and right, with 'CONFEDERACION ARGENTINA.' as the central heading, and 'CIEN PESOS.' at the foot; a manuscript serial number appears in the upper centre, and three signature lines are ruled for El Ministro de Hacienda, El Contador, and El Tesorero. |
|---|---|
| Obverse lettering | Contrato de 10 de Mayo de 1859. 100 $ CONFEDERACION ARGENTINA. 100 $ Paraná, 25 de Mayo de 1859. No. EL GOBIERNO NACIONAL promete pagar al portador la cantidad de cien pesos y el interés de una y medio por ciento mensual desde la fecha de este documento hasta el día de su amortización en descuento de una tercera parte de los derechos de importación y exportación en cualquiera de las Aduanas Nacionales que fuere presentado. El Ministro de Hacienda. El Contador. El Tesorero. CIEN PESOS. |
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| Comments |
The Confederación Argentina was the rump state that governed the interior provinces after Buenos Aires seceded in 1852 following Urquiza's defeat of Rosas at Caseros. This note was issued by that government from Paraná, which served as the confederal capital — an unusual circumstance in which a provincial city, not a major port, became the seat of national financial authority. The confederation was chronically short of revenue, cut off from Buenos Aires customs receipts that had historically funded the Argentine state.
Printing at Paraná rather than abroad reflects both the political isolation of the confederation and the practical impossibility of commissioning notes from European security printers under those financial constraints. The series is scarce precisely because the confederation itself dissolved after the Battle of Pavón in 1861, when Buenos Aires absorbed the remaining provinces under Mitre.