50 Pesos

发行方	Caja de Conversión, Argentina
年份	1903-1906
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材质	Cotton paper
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正面描述	At left, an intaglio vignette presents a seated allegorical female figure resting against a classical plinth and raising a torch in her right hand, with the denomination numeral '50' set within a guilloché cartouche to the right. The central field bears the obligation text in letterpress above the large denomination inscription 'Cincuenta pesos' and 'Moneda nacional', surmounted by the header 'Republica Argentina / La Nacion'. The lower margin carries 'LEY DE 20 DE SEPTIEMBRE DE 1897' and 'CAJA DE CONVERSION', with two manuscript signature lines reserved for the Secretario and Presidente.
正面铭文	Republica Argentina La Nacion pagará al portador y a la vista Cincuenta pesos Moneda nacional LEY DE 20 DE SEPTIEMBRE DE 1897 CAJA DE CONVERSION Secretario Presidente
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备注	Argentina's Caja de Conversión was established under the 1899 Conversion Law, which fixed the peso paper at 44 centavos gold — ending years of floating exchange and chronic depreciation that had destabilized the economy through the 1890s. The Caja's notes replaced the earlier Banco de la Nación issues under a strict convertibility regime that held until 1914, when the outbreak of war forced suspension. ABNC printed this series from its New York facilities, as was typical for high-denomination Argentine paper of the period. The 50 Peso denomination would have moved primarily through commercial and banking channels rather than retail trade.

50 Pesos

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