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20 Pesos

Issuer Tesorería General de la República Argentina
Year 1860
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Shape Rectangular
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Obverse description Yellow-green tinted note with letterpress text throughout. The Argentine national arms vignette is centered at the top, flanked by the bold inscription REPÚBLICA ARGENTINA and the legislative authority LEY DE 1° DE OCTUBRE DE 1860. The body of the note carries a handwritten promise-to-pay text issued from Paraná, with the large numeral 20 printed at the lower right as a denomination indicator. Border rules frame the note on all sides, with the repeated legend POR VEINTE PESOS appearing at top and bottom.
Obverse lettering POR VEINTE PESOS.
Nº 00328
Por Veinte Pesos
REPÚBLICA ARGENTINA
LEY DE 1° DE OCTUBRE DE 1860
Paraná
La Tesorería General pagará a los [días] meses de la fecha, al portador, la cantidad de veinte pesos (de diez y seis onzas de oro), con mas el interés del uno por ciento mensual
Vence el día
Por El Ministro de Hacienda
El Contador General
POR VEINTE PESOS.
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Comments

The Tesorería General de la República Argentina was a treasury-based issuing authority, not a central bank — Argentina had none until 1872, with the Banco Nacional. These treasury notes from the early 1860s circulated during a period when Buenos Aires province and the Argentine Confederation had only recently resolved their decade-long political rupture, reunifying in 1861 after the Battle of Pavón. Federal fiscal infrastructure was still being assembled from scratch.

Printed domestically at a time when most South American governments contracted European firms, the local production reflects both the logistical difficulty of overseas contracting and the new national government's push for administrative self-sufficiency. Quality control on domestic presswork of this period was inconsistent.

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