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50 Pesos

Issuer Provincia de Buenos Aires
Year 2001-2002
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Shape Rectangular
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Obverse description Intaglio portrait of Dardo Rocha in three-quarter left-facing bust at right, set against a fine guilloche underprint in pink and yellow tones. The Argentine provincial coat of arms appears at lower left, with two facsimile signatures below the central field identifying the Contador General and Tesorero General of the Province. Denomination numeral '50' in large bold type at upper left and lower right, with the bearer title and law reference printed in dark blue letterpress across the upper portion.
Obverse lettering 50 PROVINCIA DE BUENOS AIRES LETRA DE TESORERIA PARA CANCELACION DE OBLIGACIONES (PATACON) AL PORTADOR LEY Nº 12.727 50 PESOS Víctor E. Pereira Contador General de la Provincia de Buenos Aires Amílcar Zufriategui Tesorero General de la Provincia de Buenos Aires CINCUENTA PESOS VALOR NOMINAL DARDO ROCHA
(Translation: Buenos Aires Province Treasury Bill for Cancellation of Obligations (Patacón) To the Bearer. Law No. 12,727. Fifty Pesos Nominal Value. Dardo Rocha.)
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Reverse lettering 50 50 PESOS LEY Nº 12.727 ARTICULO 1º: "Declárese en estado de emergencia administrativa, económica y financiera al Estado Provincial..." ARTICULO 7º: "Apruébase la emisión de Letras de Tesorería para Cancelación de Obligaciones, las que se denominarán "Patacón"... Los títulos serán emitidos bajo las modalidades de los Artículos 742, 744 y 745 del Código de Comercio." ARTICULO 8º: "Las Letras de Tesorería para Cancelación de Obligaciones pagarán el ciento siete por ciento (107%) de su valor nominal el 25 de julio de 2002... Las Letras de Tesorería serán nominadas en pesos..." ARTICULO 11º: "El pago efectuado al acreedor mediante Patacones o Bonos de Cancelación de Obligaciones, importará la extinción irrevocable de los créditos por los que se efectúe la entrega."
(Translation: Text of the law declaring administrative, economic and financial emergency and enacting the issuance of these provincial treasury titles.)
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