Its main features were political satire, humour and topical issues, visually displayed through cartoons and photographs.

[2] Since 1924 Caras y Caretas published short tales from local writers, such as Roberto Payró, Arturo Capdevila, Carrizo and Gálvez.

[1] Some of the prestigious cartoonists that worked for the magazine were Manuel Mayol, Julio Málaga Grenet, José María Cao Luaces,[4] Lino Palacio (who published his first work in the magazine in 1912),[5] Jorge Argerich, Dante Quinterno, Alejandro Sirio, Hermenegildo Sábat Lleó, among others.

Some of the artists gave their contributions to the magazine were Miguel Rep,[11] Gerardo Canelo,[12] Enrique Pinti,[13] Geno Díaz,[14] and writers Oscar Bevilacqua, Fermín Chávez, Miguel Grinberg, Marco Denevi, Bernardo Kordon, Roberto Mero, Helvio Botana, Eugenio Mandrini and Jorge Claudio Morhain.

[16] In July 2005 a relaunch of Caras y Caretas was released, directed by historian Felipe Pigna and published by "Fundación Octubre", a company of Suterh, the union of building workers of Argentina.