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10 000 Nuevos Pesos

Issuer Banco Central del Uruguay
Year 1987-1990
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Composition Cotton paper
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Obverse lettering NUEVOS PESOS DIEZ MIL MONEDA NACIONAL BANCO CENTRAL DEL URUGUAY
(Translation: Ten Thousand Nuevos Pesos, National Currency, Central Bank of Uruguay.)
Reverse description A symmetrical arrangement of nineteen departmental coats of arms, each individually labelled, fills the central panel in three horizontal rows against a pale guilloche underprint. Denomination counters reading N$10.000 appear in ornate cartouches at upper left and upper right, with the issuer's name in bold block lettering within a decorative frame at lower right. The printer's imprint is present in small text beneath the central panel.
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Comments

By the mid-1980s, Uruguay's peso had been so ravaged by inflation that the "nuevo peso," introduced in 1975 as a redenomination at 1000-to-1, was itself becoming unworkable at everyday transaction values. A 10,000-denomination note was the predictable result. The series was short-lived: in 1993, Uruguay redenominated again, replacing 1000 nuevos pesos with one peso uruguayo — rendering this note obsolete within a decade of printing.

The American Bank Note Company's contract for this series was among its last major Latin American commissions before the firm's 1999 bankruptcy filing.

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