Catalog
0.05 Nuevo Peso Not overprinted issue
| Issuer | Banco Central del Uruguay |
|---|---|
| Year | 1975 |
| Type | Log in to see details |
| Value | 0.05 Nuevo Peso (0.05 UYN) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The entire central field is occupied by a large intaglio reproduction of Juan Manuel Blanes's painting depicting the Oath of the Thirty-Three Orientales, rendered in deep blue engraving with fine cross-hatched guilloche borders on both lateral margins. The denomination numerals appear in each corner, and the issuer title is set in a solid panel at the top. The printer's imprint appears in small letterpress text along the lower margin. |
| Reverse lettering | BANCO CENTRAL DEL URUGUAY CINCUENTA PESOS (Translation: Central Bank of Uruguay Fifty Pesos) |
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| Comments |
Uruguay's 1975 monetary reform replaced the old Peso at 1,000:1, creating the Nuevo Peso series. Fractional denominations like this one were an awkward transitional necessity — the buying power was negligible almost immediately, and notes of this value were largely swept out of active use within a few years as inflation eroded the new unit nearly as fast as the old one had been abandoned.
The "not overprinted" designation distinguishes this from transitional issues where earlier stock was stamped with new denomination text. This is a purpose-printed note for the Nuevo Peso regime from the outset.