1989 Argentina 500,000 Australes Banknote Lot (10 pcs) P-338 Hyperinflation Era Circulated Notes

1991 Argentina 500,000 Australes Banknote Lot (10 pcs) P-338 Hyperinflation Era Circulated Notes

This listing offers a set of 10 genuine 500,000 Australes banknotes, issued in 1991 by the Banco Central de la República Argentina and officially catalogued as Pick #338. These circulated notes originate from one of the most turbulent economic periods in Argentina’s modern history—the final stage of the Austral currency before its collapse and replacement by the Peso Convertible in 1992.

The obverse of each note presents the engraved portrait of Manuel Quintana, Argentina’s president from 1904 to 1906, representing the country’s early 20th-century leadership and reformist spirit. The reverse displays an allegorical figure of Liberty, holding a torch and seated beside the Argentine shield, symbolizing knowledge, vigilance, and freedom.

The 500,000 Australes denomination reflects the scale of Argentina’s late-1980s hyperinflation, when prices were changing so rapidly that new, ever-larger denominations were constantly introduced. These notes serve as authentic reminders of how quickly a nation’s currency can lose value under extreme inflationary pressure.

Each lot includes 10 circulated notes, offering an affordable and compact way to own a genuine piece of hyperinflation history. They are perfect for collectors seeking tangible examples of economic upheaval or for teachers and enthusiasts interested in illustrating the real-world consequences of inflation.

Collector’s Value:
This 10-piece circulated lot is ideal for collectors, educators, or small dealers looking for inexpensive, historically significant world currency. Among the lowest-priced authentic hyperinflation notes available, these pieces provide excellent value as both conversation starters and historical teaching tools.