The 500,000 Pesos banknote, issued between 1980 and 1983, is part of Argentina’s hyperinflation-era currency. This uncirculated note features a portrait of General José de San Martín, a national hero and leader of South American independence, on the obverse. The reverse depicts the Founding of Buenos Aires, symbolizing the nation’s historical roots. Printed on high-quality cotton paper, the note measures 155 x 75 mm and includes a watermark of the Argentine coat of arms. It was demonetized on October 1, 1983, following Argentina’s transition to the Austral currency. This note is a significant piece for collectors of Latin American currency and Argentine numismatic history.
Obverse
Portrait of General José de San Martín (1778-1850) was an Argentine general and the prime leader of the southern part of South America’s successful struggle for independence from the Spanish Empire, and The national flag of Argentina
Script: Latin
Lettering:
BANCO CENTRAL
DE LA
REPUBLICA ARGENTINA
QUINIENTOS MIL PESOS
Translation: Central Bank of the Argentine Republic, Five Hundred Thousand Pesos
Reverse
Scene of the Foundation of Buenos Aires
Script: Latin
Lettering:
REPUBLICA ARGENTINA
QUINIENTOS MIL PESOS
Translation: Argentine Republic, Five Hundred Thousand Pesos
Watermark
Multiple sunbursts.
© vladthiengo (CC BY-NC)
Signatures
| Pedro Camilo López (PCL) | General Manager |  |
| Adolfo Diz (AD) | President |  |
| Egidio Iannella (EI) | President |  |
| Julio C. González del Solar (JCGS) | President |  |
Printer
Casa de Moneda, Argentina
Features
| Issuer | Argentina |
|---|---|
| Issuing bank | Central Bank of the Argentine Republic (Banco Central de la República Argentina) |
| Ruling authority | Federal Republic (1861-date) |
| Type | Standard circulation banknotes |
| Years | 1980-1982 |
| Value | 500 000 Pesos (500 000 ARL) |
| Currency | Peso ley (1970-1983) |
| Composition | Paper |
| Size | 155 × 75 mm |
| Shape | Rectangular |
| Demonetized | 11 October 1985 |
