The 1 Austral banknote issued in 1987 by the Central Bank of Argentina was introduced during a period of deep economic turmoil and hyperinflation under President Raúl Alfonsín’s government. Part of the short-lived Austral currency (Salta) implemented to curb inflation, this uncirculated note features national symbols and artistic motifs reflective of Argentina’s identity during the late 1980s. A fascinating historical piece and an essential collectible for enthusiasts of Latin American currency and economic history.
Obverse
Spiral design and seal on left
Script: Latin
Lettering:
PROVINCIA DE SALTA
BONO DE CANCELACION DE DEUDA
LEY 6228
AL PORTADOR
FECHA DE CADUCIDAD: 31 DE DICIEMBRE DE 1987.
MINISTRO DE ECONOMIA
GOBERNADOR
₳1
UN AUSTRAL
CASA DE LA MONEDA
Translation:
Salta Province
debt cancellation bond
law 6228
To the carrier
Date of expiry: 31st of December 1987
Economy Minister
Governor
One Austral
The Currency House
Reverse
PROVINCIA DE SALTA – BONO CANCELACION DE DEUDA – LEY 6228
Script: Latin
Signatures
| Marcelo Emilio Cantarero (MEC) | Economy Minister |  |
| Roberto Romero (RR) | Governor |  |
Printer
Casa de Moneda, Argentina
Comments
Provincial bond issued by the Province of Salta.
Last line of reverse ends with Decree numbers.
UV activity:
© gyoschak
Features
| Issuer | Salta (Argentine provinces) |
|---|---|
| Ruling authority | Federal Province (1861-date) |
| Type | Local banknotes |
| Years | 1986-1987 |
| Value | 1 Austral (1 ARA) |
| Currency | Austral (1985-1991) |
| Composition | Paper |
| Size | 154 × 65 mm |
| Shape | Rectangular |
| Demonetized | 31 December 1987 |
