See full images - free registration
Continue with Google - no registration! or register with email

Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!

10 000 Nuevos Pesos

Issuer Banco Central del Uruguay
Year 1989
Type Log in to see details
Value 10 000 Nuevos Pesos (10 000 UYN)
Currency Log in to see details
Composition Log in to see details
Size Log in to see details
Shape Log in to see details
Printer Log in to see details
Designer(s) Log in to see details
Engraver(s) Log in to see details
In circulation to Log in to see details
Reference(s) Log in to see details
Obverse description Log in to see details
Obverse lettering Log in to see details
Reverse description Log in to see details
Reverse lettering Log in to see details
Signature(s) Log in to see details
Protection type Watermark
Protection description Portrait of José Gervasio Artigas.
Variants Log in to see details
Comments

By 1989, Uruguay's inflation had been running at triple-digit annual rates for years, and the 10,000 Nuevos Peso denomination — unthinkable a decade earlier — was a direct consequence. The Nuevo Peso itself had been introduced in 1975 to replace the original Peso at 1,000:1; this note represents that replacement currency already inflating toward its own eventual obsolescence.

Thomas De La Rue printed the series in London under contract, a long-standing arrangement for Uruguayan central bank issues. The watermark is the sole security concession on this note — a spare specification for a denomination that was, by the time of issue, losing purchasing power faster than counterfeiting posed any serious threat.

YOU MAY ALSO LIKE