1 Peso Pattern

Pattern coinage from Uruguay in 1968 falls within the country's prolonged monetary instability preceding the 1969 currency reform, when the nuevo peso replaced the old peso at a rate of 1000:1. This piece was almost certainly part of the design and specification trials conducted ahead of that redenomination — a silver pattern at this weight suggesting the new series was initially explored in precious metal before the production issues settled on base compositions.