

This is an uncirculated example of Argentina's 1954 1000 pesos note (Pick P-274), presented in pristine condition with crisp printing and no visible wear. The note features General José de San Martín in military dress on the obverse and an impressive three-masted sailing ship on the reverse, both rendered in fine engraved detail. As a mid-20th century Argentine banknote in UNC condition, this represents a well-preserved example of the Banco Central's post-Perón era currency.
Common. This is a regular issue from 1954 with significant circulation and surviving examples in various grades. eBay market data shows consistent availability with notes in EF condition selling for $9.99-$10.50 and VF examples for $4.99-$5.99. The 2016 catalog value of $30 UNC reflects the note's accessibility in collector markets. With multiple signature varieties (6 noted) and serial number variations documented, there are numerous examples available to collectors. The UNC grade elevates its appeal and value above circulated examples, but this remains a common note overall.
Issued in 1954 following Juan Perón's brief return to power in Argentina, this banknote was produced by the Banco Central during a period of monetary stabilization. The prominent three-masted sailing ship on the reverse symbolizes Argentina's maritime heritage and connection to European trade, while General San Martín's portrait honors the national liberation hero. The note's design reflects Argentina's early-to-mid 20th century identity as a wealthy, internationally-oriented nation with strong ties to Europe.
The obverse features a left-facing portrait medallion of General José de San Martín in formal military dress uniform with decorative collar elements, positioned on the right side of the note. The center displays ornate baroque-style decorative cartouches containing the Banco Central text and denomination. An empty oval frame with elaborate decorative border occupies the left side, typical of Argentine banknote design of this era. The reverse showcases a detailed engraved three-masted sailing ship (likely representing a clipper ship type) depicted in full sail on rough seas, symbolizing Argentina's naval and commercial maritime traditions. Both sides feature ornate baroque-style borders with fine scrollwork in the corners. The note is printed in black and white/cream on a clean paper stock, with the denomination prominently displayed as both numerals (1000) and text (PESOS/MIL PESOS).
FRONT: Banco Central de la República Argentina (Central Bank of the Argentine Republic) | pagará al portador y a la vista (will pay to the bearer on sight) | Mil pesos (One thousand pesos) | 1000 PESOS | LEYES Nºs 12.962 Y 13.571 (Laws Nos. 12.962 AND 13.571) | Moneda Nacional (National Currency) | GERENTE GENERAL (General Manager) | PRESIDENTE (President) | 28.915.490 C (Serial number). BACK: REPÚBLICA ARGENTINA (Argentine Republic) | MIL PESOS (One Thousand Pesos) | 1000
Steel engraving (intaglio printing), a standard security printing method for banknotes of this period. The fine line work evident in the borders, the detailed portraiture, and the intricate ship engraving on the reverse are characteristic of professional currency engraving. This note was likely produced by the Banco Central's printing facilities or a contracted security printer specializing in Argentine currency production.
Pick catalog P-274a is the documented variant with man's head watermark (Wmk: Man's Head). The observed serial number 28.915.490 C represents one of three documented serial number varieties (red or black variants noted in catalog). The visual analysis identifies this as Serie B. With 6 documented signature varieties for this issue, the specific signature combination would further classify this note, though the visual resolution does not permit definitive identification of which signature variety this particular example represents. Collectors should note the signature titles GERENTE GENERAL and PRESIDENTE clearly visible in the signature blocks.