The Effigy of Progress would be present in all series of banknotes by the Caja de Conversión from 1899 until 1935, when it was replaced by the Central Bank of Argentina, and will not be replaced until 1942, when the Central Bank made its first series of banknotes.
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The Liberty of Oudiné also appears in the logo of the Central Bank of Argentina, and the former company Gas del Estado.
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The work, done by Italian sculptor Ettore Ximenes, is entlited "The Republic", but others consider it a bust of "Homeland".
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However, the first figure to transmit a sense of regionality is displayed in a series of banknotes printed by Britain and emitted by the Bank of the Province of Buenos Aires in 1867, where a young woman is seen holding a shovel in her left hand and a shepherd's crook in her right hand (representations of agriculture and animal husbandry, respectively).
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