Bank.notes

Collection Argentina #15

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100 ARA

Argentina 1946_1989 VF P-P-327 AI extracted ✦ AI 95%
Front · IMG_6054.HEIC cropped
Back · IMG_6055.HEIC cropped
Pair check: ! check failed checked 2026-05-09T09:53:11.214273
Identity

Where & when

Country Argentina
Currency ARA
Denomination 100
Series name Austral series
Series year
Issue year
Era 1946_1989
Legal status demonetized
Predecessor currency Peso Argentino
Successor currency Peso Convertible
Subjects & design

What's on the note

Front portrait Julio Argentino Roca
Reverse subject Allegory of Progress
Watermark Sun of May in clear field at left
Color palette #d4a5a5,#8b4545,#f5e6d3
Themes statesman,military,commemorative
Language / script Latin

Front: Julio Argentino Roca (1843–1914), Argentine military officer and two-term president (1880–1886, 1898–1904) who led the Conquest of the Desert campaign expanding Argentine territory into Patagonia and was a dominant figure in the Generation of '80 that modernized Argentina. He appears on this note as part of the Austral currency series introduced during economic reforms to combat hyperinflation in the mid-1980s.

Back: Allegory of Progress, depicted as a classical female figure holding a torch aloft and a caduceus (symbol of commerce), seated with the Argentine coat of arms. This allegorical representation symbolizes Argentina's aspirations for economic advancement and national development during a period of severe monetary instability.

Production

How it was made

Issuer Banco Central de la República Argentina
Issuer (native)
Printer Casa de Moneda de la Nación Argentina
Engraver
Material paper
Dimensions (mm) 155x75

Signatures: Presidente: signature visible; Gerente General: signature visible

Security features: thread,microprint,intaglio,latent_image

Geography

Argentina in South America

Argentina in South America. Other countries on the same continent shown in muted grey.

The story

Background & history

The Austral was introduced on June 15, 1985, replacing the Peso Argentino at a rate of 1 Austral = 1,000 Pesos Argentinos during the Alfonsín administration's Plan Austral anti-inflation program. The currency was named after the southern hemisphere (austral meaning 'southern'). Despite initial success, hyperinflation returned by 1989, and the Austral was replaced by the Peso Convertible in 1992 at 1 peso = 10,000 australes. The 100 Australes denomination was issued throughout the series' brief existence and became increasingly devalued as inflation accelerated. This series featured prominent Argentine historical figures and allegorical imagery representing national ideals.

Catalogue

Collector references

Pick # P-327
Krause ID
Rarity tier common
Series range 1985–1991
Provenance

How it came to me

Acquired date
Acquired from
Acquired price
Currency
Condition
Grade VF
Serial number 16.120.722 D
Serial suffix D

Note shows moderate circulation with visible creasing and minor edge wear, typical handling marks present

Valuation

What it's worth now

$2–$4
Type default range $2–$4
Valuation history (1)
datelowhighcurrencysourcenote
2026-05-08 08:12:11 1.5 4.0 USD ai claude-sonnet-4-5: P-327 is a common circulated Austral note from the hyperinflation era; VF specimens typically retail for $1.50–4 based on current dealer inventories.
Technical

History & extractions

AI extractions (1)
anthropic · claude-sonnet-4-5 2026-05-08 02:34:59
status: ok · step 1 · $0.0356 · 6013↓ + 1169↑ tokens
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