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10 Pesos

Issuer Banco de la República Oriental del Uruguay
Year 1896
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Value 10 Pesos (10 UYP)
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Obverse lettering el BANCO de la REPÚBLICA ORIENTAL del URUGUAY Pagará al portador y á la vista la cantidad de DIEZ PESOS EN MONEDA LEGAL DE ORO SELLADO. Ley de 4 de Agosto de 1896 Montevideo, 24 de Agosto de 1896.
(Translation: The Bank of the Oriental Republic of Uruguay will pay to the bearer and at sight the amount of Ten Pesos in legal currency of sealed gold. Law of August 4th, 1896. Montevideo, August 24th, 1896.)
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Reverse lettering 10 BANCO de la REPÚBLICA ORIENTAL DIEZ PESOS DIEZ PESOS del URUGUAY 10
(Translation: 10 Bank of the Oriental Republic Ten Pesos Ten Pesos of Uruguay 10)
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Comments

Banco de la República Oriental del Uruguay was established by law in 1896, the same year this note was issued — making this among the earliest paper from that institution. Giesecke & Devrient had by this point built a substantial client list among Latin American central banks, and the Leipzig firm's work for Uruguay reflects a pattern of newly consolidated national banks contracting European printers rather than developing domestic capacity.

Pick 5 is scarce. Low surviving populations across this entire founding series suggest limited original print runs combined with heavy attrition in tropical storage conditions.