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50 Pesos

Issuer Banco y Casa de Moneda del Estado de Buenos Ayres
Year 1856
Type Local banknote
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Obverse description Single-sided note printed in black on plain paper, with a central vignette of a sailing vessel flanked by the denomination numeral '50' in large figures at left and right. The upper centre bears the issuer legend within a rectangular panel, below which the text reads 'Reconoce este Billete por Cincuenta Pesos Moneda Corriente'. An oval guilloche underprint frames the directorio authorization text, with two manuscript signatures across the lower centre. The date '1° Mayo 1856' is printed vertically along the right margin, and the word 'CINCUENTA' appears in a bold letterpress panel at the foot.
Obverse lettering ESTADO DE BUENOS AYRES
Reconoce este Billete por
Cincuenta Pesos Moneda Corriente
Por el Directorio
DEL BANCO Y CASA DE MONEDA
CINCUENTA
1° MAYO 1856
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Comments

The Banco y Casa de Moneda del Estado de Buenos Ayres occupied a peculiar constitutional position in the 1850s — it operated as the currency-issuing authority for the Province of Buenos Aires during the decade following the Acuerdo de San Nicolás, when the province had seceded from the Argentine Confederation and was functioning, in practical terms, as an independent state. Notes issued during this period circulated exclusively within the province and were not recognized by the Confederation government in Paraná.

The PS prefix in the Pick reference reflects that ambiguity — these are catalogued as provincial issues, distinct from national Argentine currency, and rightly so. By 1863, following reunification, the bank's note-issuing role was progressively curtailed.

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