{"product_id":"argentina-p327-100-australes-1985-1990-unc-series-d-f0408","title":"Argentina P-327c 100 Australes 1989-1990 UNC—Ser D—The Schoolmaster President","description":"\u003cp\u003eThe 100 Australes is a relic of Argentina's most turbulent monetary chapter — a currency born in crisis, demonetized within seven years, and now a vivid artifact of the hyperinflationary era that reshaped a nation. Series D, the final and most common series, is the one to own in UNC.\u003c\/p\u003e\n\n\u003ch3\u003eFront\u003c\/h3\u003e\n\u003cul\u003e\n  \u003cli\u003e\n\u003cstrong\u003eColors:\u003c\/strong\u003e blue-green engraving; light olive-tan background; gold and brown accents\u003c\/li\u003e\n  \u003cli\u003e\n\u003cstrong\u003ePortrait:\u003c\/strong\u003e \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Domingo_Faustino_Sarmiento\" target=\"_blank\"\u003eDomingo Faustino Sarmiento\u003c\/a\u003e — writer, statesman, and Argentina's seventh president (1868–1874), celebrated as the father of public education in Argentina\u003c\/li\u003e\n  \u003cli\u003e\n\u003cstrong\u003eLettering:\u003c\/strong\u003e \u003cem\u003eBanco Central de la República Argentina \/ Cien Australes \/ Domingo F. Sarmiento\u003c\/em\u003e\n\u003c\/li\u003e\n  \u003cli\u003e\n\u003cstrong\u003eSignatures:\u003c\/strong\u003e \u003ca href=\"https:\/\/www.bcra.gob.ar\" target=\"_blank\"\u003eREDP\u003c\/a\u003e (Rene E. De Paul, General Manager) \u0026amp; \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Javier_Gonz%C3%A1lez_Fraga\" target=\"_blank\"\u003eJGF\u003c\/a\u003e (Javier González Fraga, President)\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ch3\u003eBack\u003c\/h3\u003e\n\u003cul\u003e\n  \u003cli\u003e\n\u003cstrong\u003eColors:\u003c\/strong\u003e olive-tan background; blue-green engraving; gold accents\u003c\/li\u003e\n  \u003cli\u003e\n\u003cstrong\u003eCentral vignette:\u003c\/strong\u003e Allegorical figure of Liberty (\u003cem\u003eProgreso\u003c\/em\u003e) — seated at left center, holding a torch and shield\u003c\/li\u003e\n  \u003cli\u003e\n\u003cstrong\u003eLettering:\u003c\/strong\u003e \u003cem\u003eREPUBLICA ARGENTINA \/ Cien Australes\u003c\/em\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ch3\u003eOther Characteristics\u003c\/h3\u003e\n\u003cul\u003e\n  \u003cli\u003e\n\u003cstrong\u003eVarieties:\u003c\/strong\u003e \u003cem\u003eP-327a ND(1985–1986) HAA\/JJAC Series A\u003c\/em\u003e; \u003cem\u003eP-327b ND(1987–1989) ES\/JLM Series A–B\u003c\/em\u003e; \u003cstrong\u003eP-327c ND(1989–1990) REDP\/JGF Series B, C, D — this note\u003c\/strong\u003e\n\u003c\/li\u003e\n  \u003cli\u003e\n\u003cstrong\u003eCatalog numbers:\u003c\/strong\u003e P-327c; TBB B385; Numista N#203810\u003c\/li\u003e\n  \u003cli\u003e\n\u003cstrong\u003eWatermark:\u003c\/strong\u003e Multiple sunbursts\u003c\/li\u003e\n  \u003cli\u003e\n\u003cstrong\u003eComposition:\u003c\/strong\u003e Paper\u003c\/li\u003e\n  \u003cli\u003e\n\u003cstrong\u003eSize:\u003c\/strong\u003e 155 × 65 mm\u003c\/li\u003e\n  \u003cli\u003e\n\u003cstrong\u003eIssuing entity:\u003c\/strong\u003e Central Bank of the Argentine Republic (\u003cem\u003eBanco Central de la República Argentina\u003c\/em\u003e)\u003c\/li\u003e\n  \u003cli\u003e\n\u003cstrong\u003ePrinter:\u003c\/strong\u003e Casa de Moneda, Argentina\u003c\/li\u003e\n  \u003cli\u003e\n\u003cstrong\u003eDemonetized:\u003c\/strong\u003e \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Demonetization_(currency)\" target=\"_blank\"\u003e30 November 1992\u003c\/a\u003e\n\u003c\/li\u003e\n  \u003cli\u003e\n\u003cstrong\u003eSignatures:\u003c\/strong\u003e \u003ca href=\"https:\/\/www.bcra.gob.ar\" target=\"_blank\"\u003eRene E. De Paul\u003c\/a\u003e (Gen. Manager) \u0026amp; \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Javier_Gonz%C3%A1lez_Fraga\" target=\"_blank\"\u003eJavier González Fraga\u003c\/a\u003e (President)\u003c\/li\u003e\n  \u003cli\u003e\n\u003cstrong\u003eCurrency:\u003c\/strong\u003e \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Argentine_austral\" target=\"_blank\"\u003eArgentine Austral\u003c\/a\u003e (1985–1991)\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ch2\u003eA Currency Born in Crisis\u003c\/h2\u003e\n\u003cp\u003eThe Austral was introduced on 15 June 1985 under President Raúl Alfonsín as part of the \u003cstrong\u003ePlan Austral\u003c\/strong\u003e — a shock stabilization program meant to arrest hyperinflation that had reached 688% annually. The new currency replaced the Peso Argentino at a rate of 1 Austral = 1,000 Pesos Argentinos. It worked — briefly. By 1989, inflation was back above 3,000%, and the Austral itself was replaced by the Peso Convertible in 1992 at 10,000 Australes to 1 Peso. This note is a physical record of that collapse.\u003c\/p\u003e\n\n\u003ch2\u003eSarmiento: The Schoolmaster President\u003c\/h2\u003e\n\u003cp\u003e\u003cstrong\u003eDomingo Faustino Sarmiento\u003c\/strong\u003e (1811–1888) is one of the most consequential figures in Argentine history — a self-educated man from San Juan who became a journalist, diplomat, and ultimately president. His landmark work \u003cem\u003eFacundo: Civilization and Barbarism\u003c\/em\u003e (1845) remains a foundational text of Latin American literature. As president, he founded hundreds of schools and libraries, imported teachers from the United States, and laid the groundwork for Argentina's once-enviable literacy rate. His face on the 100 Australes is no accident: education was supposed to be the antidote to the chaos this very note represents.\u003c\/p\u003e\n\n\u003ch2\u003eLiberty Seated — Progreso\u003c\/h2\u003e\n\u003cp\u003eThe reverse allegory of \u003cstrong\u003eLiberty\u003c\/strong\u003e — rendered here as \u003cem\u003eProgreso\u003c\/em\u003e, Progress — is a classical motif that appears across Argentine currency history. Torch aloft, shield at her side, she embodies the republican ideals Argentina proclaimed and struggled to sustain. The irony of a \u003cem\u003eProgress\u003c\/em\u003e figure on a note issued during economic freefall is not lost on collectors.\u003c\/p\u003e\n\n\u003ch3\u003eAbout Argentina\u003c\/h3\u003e\n\u003cul\u003e\n  \u003cli\u003e\n\u003cstrong\u003eOrigin of name:\u003c\/strong\u003e From Latin \u003cem\u003eargentum\u003c\/em\u003e (silver), referencing the silver-rich lands the Spanish hoped to find — and the \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/R%C3%ADo_de_la_Plata\" target=\"_blank\"\u003eRío de la Plata\u003c\/a\u003e (River of Silver) basin\u003c\/li\u003e\n  \u003cli\u003e\n\u003cstrong\u003eCapital:\u003c\/strong\u003e \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Buenos_Aires\" target=\"_blank\"\u003eBuenos Aires\u003c\/a\u003e — city pop. ~3.1 million; metro pop. ~15.5 million (2023)\n    \u003cul\u003e\n      \u003cli\u003e\n\u003cstrong\u003eOrigin of name:\u003c\/strong\u003e Spanish for \"fair winds\" (\u003cem\u003ebuenos aires\u003c\/em\u003e), from the full original name \u003cem\u003eCiudad de la Santísima Trinidad y Puerto de Santa María de los Buenos Aires\u003c\/em\u003e\n\u003c\/li\u003e\n    \u003c\/ul\u003e\n  \u003c\/li\u003e\n  \u003cli\u003e\n\u003cstrong\u003ePopulation:\u003c\/strong\u003e ~46 million (UN 2023) — roughly California and Texas combined\u003c\/li\u003e\n  \u003cli\u003e\n\u003cstrong\u003eArea:\u003c\/strong\u003e 2,780,400 km² (1,073,518 mi²) — roughly the size of India, or the entire contiguous US east of the Mississippi plus Texas\u003c\/li\u003e\n  \u003cli\u003e\n\u003cstrong\u003eGDP per capita (\u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Purchasing_power_parity\" target=\"_blank\"\u003ePPP\u003c\/a\u003e):\u003c\/strong\u003e ~$27,000 (IMF 2023)\u003c\/li\u003e\n  \u003cli\u003e\n\u003cstrong\u003eMain exports:\u003c\/strong\u003e Soybeans and soy products, corn, wheat, beef, lithium, petroleum\u003c\/li\u003e\n  \u003cli\u003e\n\u003cstrong\u003eBorders:\u003c\/strong\u003e \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Chile\" target=\"_blank\"\u003eChile\u003c\/a\u003e, \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Bolivia\" target=\"_blank\"\u003eBolivia\u003c\/a\u003e, \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Paraguay\" target=\"_blank\"\u003eParaguay\u003c\/a\u003e, \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Brazil\" target=\"_blank\"\u003eBrazil\u003c\/a\u003e, \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Uruguay\" target=\"_blank\"\u003eUruguay\u003c\/a\u003e; South Atlantic Ocean\u003c\/li\u003e\n  \u003cli\u003e\n\u003cstrong\u003eOfficial\/spoken language:\u003c\/strong\u003e Spanish (~100%)\u003c\/li\u003e\n  \u003cli\u003e\n\u003cstrong\u003eEthnicities:\u003c\/strong\u003e \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/European_Argentines\" target=\"_blank\"\u003eEuropean Argentines\u003c\/a\u003e (~97%, predominantly Italian and Spanish descent); \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Indigenous_peoples_in_Argentina\" target=\"_blank\"\u003eIndigenous peoples\u003c\/a\u003e (~3%)\u003c\/li\u003e\n  \u003cli\u003e\n\u003cstrong\u003eMemberships:\u003c\/strong\u003e \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/United_Nations\" target=\"_blank\"\u003eUN\u003c\/a\u003e (founding member, 1945); \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/G20\" target=\"_blank\"\u003eG20\u003c\/a\u003e (founding member, 1999); \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Mercosur\" target=\"_blank\"\u003eMercosur\u003c\/a\u003e (founding member, 1991); \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Organization_of_American_States\" target=\"_blank\"\u003eOAS\u003c\/a\u003e (founding member, 1948); \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/BRICS\" target=\"_blank\"\u003eBRICS\u003c\/a\u003e (invited 2023, declined 2024)\u003c\/li\u003e\n  \u003cli\u003e\n\u003cstrong\u003eSovereignty:\u003c\/strong\u003e Declared independence from Spain 9 July 1816; Federal Republic established 1861\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ch3\u003eArgentina Unfiltered\u003c\/h3\u003e\n\u003cul\u003e\n  \u003cli\u003eArgentina has defaulted on its sovereign debt \u003cstrong\u003enine times\u003c\/strong\u003e — more than any other country in history, including defaults in 2001 (the largest in history at the time, $100 billion) and 2020\u003c\/li\u003e\n  \u003cli\u003eIn 2023, annual inflation hit \u003cstrong\u003e211%\u003c\/strong\u003e — the highest in the world that year; the peso lost ~80% of its value in 12 months\u003c\/li\u003e\n  \u003cli\u003eArgentina was once the \u003cstrong\u003e10th richest country in the world\u003c\/strong\u003e by GDP per capita (circa 1913) — wealthier than France or Germany at the time\u003c\/li\u003e\n  \u003cli\u003eThe country has \u003cstrong\u003ethree time zones\u003c\/strong\u003e on paper but operates on one — clocks in Patagonia are effectively wrong by up to an hour\u003c\/li\u003e\n  \u003cli\u003eArgentina produces more \u003cstrong\u003epsychoanalysts per capita\u003c\/strong\u003e than any country on Earth; Buenos Aires has more therapists per resident than New York City\u003c\/li\u003e\n  \u003cli\u003eThe \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Patagonia\" target=\"_blank\"\u003ePatagonian steppe\u003c\/a\u003e is one of the least densely populated regions on Earth — vast stretches with fewer than 1 person per km²\u003c\/li\u003e\n  \u003cli\u003eArgentina is the world's \u003cstrong\u003ethird-largest lithium producer\u003c\/strong\u003e, sitting atop the \"Lithium Triangle\" with Chile and Bolivia\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003cp\u003eOwn this note and hold a tangible piece of Argentina's most dramatic monetary experiment — a currency that rose from crisis, briefly stabilized a nation, and collapsed under the weight of its own contradictions. Series D, the final issue, in UNC: the last word on the Austral.\u003c\/p\u003e","brand":"World Money Store","offers":[{"title":"Default Title","offer_id":52449461895479,"sku":"AR327cUNC","price":0.79,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0969\/7165\/3431\/files\/327o.jpg?v=1781182730","url":"https:\/\/worldmoneystore.com\/products\/argentina-p327-100-australes-1985-1990-unc-series-d-f0408","provider":"World Money Store","version":"1.0","type":"link"}