Catalog
10 Centésimos Banco Nacional
| Issuer | Banco Nacional de la República Oriental del Uruguay |
|---|---|
| Year | 1887 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Paper |
| 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 | Central vignette of a country scene with gauchos guiding bovine cattle, evoking the pastoral character of the Uruguayan interior. The bank name arches across the top, with the coat of arms positioned to the left of the vignette. The face value inscription appears below the central image. |
|---|---|
| Obverse lettering | BANCO NACIONAL de la REPÚBLICA ORIENTAL del URUGUAY PAGAREMOS AL PORTADOR Y Á LA VISTA DIEZ CENTÉSIMOS MONEDA NACIONAL ORO SELLADO CON ARREGLO A LA LEY DE 23 DE JULIO DE 1862 MONTEVIDEO 25 de Agosto de 1887 DIEZ CENTÉSIMOS (Translation: National Bank of the Oriental Republic of Uruguay We will pay to the bearer and at sight ten cents National currency sealed gold accordingly to law from July 23rd., 1862 Montevideo August 25th., 1887 Ten cents) |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
Waterlow & Sons held the contract for much of Uruguay's early paper currency, and this 10 Centésimos sits within that long working relationship. What makes the denomination notable is how small it is for a banknote — fractional paper currency of this type was issued because Uruguay's coin supply in the 1880s was chronically insufficient for everyday retail transactions, a problem common across Latin America during this period of monetary reorganization.
The Banco Nacional itself had a short institutional life, operating only until the financial crisis of 1890 brought down several of Uruguay's private banks of issue.