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ARGENTINA ARTICLES

Argentina Convertible Pesos

Posted: July, 2004

Continuing with the cataloging of the banknotes of the present day line "Pesos Convertibles", supplied until 1995 through numbers 92 and 98 of these Notebooks its updating corresponds through the years 1996 and 1997, whose dates as always, have been delivered by the sector of Registrations of the Issuing treasury, which is dependent on the Issuing Sub-Agency of the Central Bank of the Argentine Republic, through the kindness of Mr. Aviles and Clerici and Mrs. Viglione.

As it has become clear from the start, from this line and attending the motion in this regard, the given numerations are from the furnished banknotes, or rather, those that were warehoused and registered in a place called "Great Treasury", from where the records of their issue were derived, resulting in data more in agreement with reality, remembering that before it was taken into receipt by the B.C.R.A. in the Mint as printed paper due to the records of the corresponding deliveries.

At this time the information supplied previously with that of the present time is unified in a single listing from the beginning of the line, all for a better exposition of opinion, without changing for now the method of individualization.

It should be made clear that there exists a modification of the two Pesos banknotes through the unfolding in F 030, due to a mistaken interpretation of the registry, a fact that has arisen now upon the issuance of the B.C.R.A. of a new general list which will be definitive.

This monetary line is in effect from January 1, 1992 (Decree 2128), but in the last days of 1991, the B.C.R.A. distributed to Regional Banks and Treasuries the lots whose values, series, numerations and signatures are the following:

  $1,- Series A, 00.000.001/03.360.000 Murolo-Fernandez
$5,- Series A, 00.000.001/01.440.000 Muroro-Fernandez
$10,- Series A, 00.000.001/03.640.000 Muroro-Fernandez
 

Although in their registries they show as supplied in 1991, all that was for the purpose of having them prepared for their issuance on the indicated date; therefore, it remains to the judgement of each one to include them or not in their collections, but in this cataloging, through legal and practical questions, it is understood that the correct information is that they were issued in 1992.

The B.C.R.A. decided to introduce some modifications in the banknotes of this monetary line for innovative purposes; providing them with better security measures but without altering the principal intentions; maintaining the size and the predominant colors, presenting paper weighing 90g/m2 in place of 83g/m2; three-colored, invisible security fibers; watermarks on all three denominations, security threads from $10 to $100; and the redesigning of security measures, numeration, and the portraits of San Martin and Manuel Belgrano.

The $2 Peso denomination has been in circulation since November, 1997, and during 1998 the remaining denominations will be issued, beginning with the $10 in January.  Although at this moment those new bills are added to the list following the previous ones, it stands to reason that we are talking about a single recent case in its beginning since for the future and when the rest of the denominations appear, it is understood that they should be grouped separately, being that they will be the object of another collection by its type.

The following oral cataloging of this monetary line is offered:

(*)"Recovery" run

(**)Last banknotes issued in this value since they were replaced by coins, and , as a consequence, taken out of circulation.

100 Pesos
Beginning with No. 23.200.001/A printing differences on the obverse side are presented.  These refer to the small rose that the concealed image contains and the vestment of the effigy of the president Julio A. Roco.  All of this obeys changes introduced by the Mint to improve the quality of printing by Communication "B"5115 of the B.C.R.A.

Likewise by means of Communication "C"7160, the B.C.R.A. made it known that it has detected the circulation of $100 banknotes, legitimate ones, that present a printing mistake.  It concerns a run of specimens that, due to a mechanical difference in one of the printing sequences, lacks the hidden number "100" to the right of the portrait that reacts with marked yellow fluorescence under ultraviolet light.

Source: Cuadernos de Numismatica y Ciencias Historicas, Tomo XXIV, No. 106, December 1997.

Courtesy:  Carlos A. Graziadio

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