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50 Pesos
| Issuer | El Gobierno Nacional, Confederación Argentina |
|---|---|
| Year | 1857 |
| Type | Local banknote |
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| Obverse description | The obverse presents a horizontally oriented government bond-style note issued under the authority of the Confederación Argentina, with the denomination '600' repeated in the upper corners and 'CINCUENTA PESOS' printed vertically along both lateral margins. The central text body, set in letterpress, records the obligation of El Gobierno Nacional to pay the bearer fifty pesos with two percent monthly interest from the date of issue, dated Paraná, 1° de Octubre de 1857, under Ley de 1° de Octubre de 1857. Three signature panels at the base designate El Ministro de Hacienda, El Contador General 2°, and El Tesorero, each bearing manuscript signatures, with the note framed by a fine decorative typographic border. |
|---|---|
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| Reverse description | The reverse carries a printed contractual text headed 'CONTRATO de 1.° DE OCTUBRE de 1857,' setting out the conditions under which El Gobierno Nacional reserves the right to demand amortization of this note, payable at face value in current coin or accrued interest. The text specifies that when amortization is required, notice shall be published in the official gazette of the Estado for fifteen consecutive days, and holders must present notes within thirty days of the first notice, after which interest ceases. A circular official ink stamp reading 'HACIENDA' is impressed at the centre, and the lower portion bears multiple manuscript annotations and endorsements in period handwriting. |
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| Comments |
The Confederación Argentina was the rump state that governed everything outside Buenos Aires province after the 1853 constitutional split — a geopolitical oddity that lasted until 1861. Paraná served as its provisional capital, and the Ministerio de Hacienda printing notes locally rather than contracting a European firm reflects both the urgency of the moment and the Confederation's limited access to established engravers and security printers.
Locally produced Argentine notes of this period are notoriously fragile — the paper stock was inferior and the printing unsophisticated, which means condition issues are the rule, not the exception. The political entity that issued this note ceased to exist within four years of its printing.