Head of Liberty, wearing a Phrygian cap, facing right, olive branch, year and lettering "Freedom'' in Spanish.

The Phrygian cap is a soft conical cap with the top pulled forward, associated in antiquity with several peoples in Eastern Europe and Anatolia, including Phrygia, Dacia, and the Balkans. In early modern Europe it came to signify freedom and the pursuit of liberty through a confusion with the pileus, the felt cap of manumitted (emancipated) slaves of ancient Rome. Accordingly, the Phrygian cap sometimes is called a liberty cap; in artistic representations it signifies freedom and the pursuit of liberty.

Depicts a sheaf of wheat on the left and the head of a cow (or bull) on the right, value in centre, country name above.

Argentina is one of the largest exporter of beef in the world, and Argentinian steaks are world-renowned.