Catalog
1 Peso Sociedad de Fomento Territorial
| Issuer | Sociedad de Fomento Territorial |
|---|---|
| Year | 1868 |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | Sociedad fomento territorial TITULO AL PORTADOR FOMENTO TERRITORIAL VALOR UN PESO Nº 10559 La Sociedad FOMENTO TERRITORIAL entregará al portador y á la vista Una obligación de VEINTE pesos. Que gana el interés de UNO por Ciento mensual por Veinte de estos billetes. 1 PESO Montevideo, 1º de Julio de 1868 UN PESO Por la Comision La A Hequel y Ca. (Translation: Development territorial society Bearer title Value one Peso Nº 10559 The Development Territorial Society will return to bearer and at sight one obligation of twenty Pesos. That earns one per cent monthly, for twenty of these notes. 1 Peso Montevideo, July 1st., 1868 One Peso By the Comission) |
| Reverse description | The reverse is unprinted, showing only the bleed-through of the obverse letterpress text and vignette visible through the thin paper stock, along with two handwritten manuscript signatures at lower left. |
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| Comments |
The Sociedad de Fomento Territorial was a Uruguayan land development society, and its paper emissions in the 1860s occupy an unusual niche — somewhere between a private banknote and a financial instrument tied to property speculation rather than conventional banking. Uruguay had no central bank at this point, and private commercial and quasi-commercial entities filled the void with their own circulating paper, most of it poorly backed and short-lived.
Pick catalogs this as S480, the "S" prefix itself a signal: this is quasi-official paper at best, issued outside the mainstream banking framework. Survivors are rare.