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20 Pesos
| Issuer | El Gobierno Nacional, Confederación Argentina |
|---|---|
| Year | 1857 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Printed entirely in letterpress on thin paper, the note follows a bond-style layout with a fine guilloche border framing all four edges and the heading 'CONFEDERACION ARGENTINA' across the top. The central text block, in large bold type, identifies 'EL GOBIERNO NACIONAL' as the issuer, followed by a promise-to-pay clause in smaller script committing to twenty pesos at two percent monthly interest, redeemable against customs duties at any national customs office. The denomination '20 $' appears in each upper corner, 'VEINTE PESOS' is repeated along the lateral margins and lower edge, and the note carries a manuscript date of Paraná, 9 June 1857, with three manuscript signatures below the roles of El Ministro de Hacienda, El Contador General, and El Tesorero. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse carries no independent printed vignette or design; the thin paper stock allows the obverse letterpress impression to show through in mirror image. Several manuscript endorsement notations and oval cancellation stamps applied in ink across the surface indicate post-circulation handling or redemption processing. |
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| Comments |
The Confederación Argentina was a short-lived political entity distinct from the Argentine Republic — Buenos Aires had seceded and was operating independently, leaving the interior provinces to govern themselves under Urquiza. This note was issued by that federal government, not by a Buenos Aires bank, which matters: the Confederation was chronically underfunded, had no reliable tax base, and depended heavily on customs revenue from the Paraná river ports that Buenos Aires deliberately undercut.
PS# prefix indicates this is catalogued under Pick's Specialized volume for provisional and emergency issuers. Survival rate for Confederation-era paper is low — these notes circulated in an economically stressed interior and few were preserved after reunification in 1861 rendered them politically awkward.