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10 Nuevos Pesos Overprinted on 10 000 Pesos
| Issuer | Banco Central del Uruguay |
|---|---|
| Year | 1975 |
| Type | Log in to see details |
| Value | 10 Nuevos Pesos (10 UYN) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
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| Obverse description | Portrait vignette of national hero José Gervasio Artigas (1764–1850), the principal leader of Uruguayan independence, positioned to the right of center against a guilloche underprint. The national coat of arms appears to the left, with the overprinted circular seal bearing the inscription 'N$ 10 / LEY Nº 14.316' applied over the watermark area as part of the 1975 currency reform. The host note carries the main legend of the Banco Central del Uruguay across the upper margin. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | BANCO CENTRAL DEL URUGUAY (Translation: Central Bank of Uruguay) |
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| Comments |
Uruguay's 1975 monetary reform lopped three zeroes off the peso, converting 10,000 old pesos to 10 nuevos pesos overnight. Rather than printing entirely new stock, the Banco Central authorized Thomas De La Rue to apply the "NUEVOS PESOS" overprint to existing 10,000-peso sheets — a practical solution that left the underlying denomination clearly visible beneath the stamp, a constant reminder of the inflation that had made the reform necessary.
P#58 is one of several overprinted transitional types from this series. The overprint placement can vary slightly between print runs.