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10 Pesos

Issuer Banco de la República Oriental del Uruguay
Year 1934
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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 a la vista la cantidad de DIEZ PESOS EN MONEDA LEGAL DE ORO SELLADO Ley de 4 de Agosto de 1896 Montevideo, 9 de Agosto de 1934
(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 9th, 1934.)
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Protection description No watermark.
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Comments

Giesecke & Devrient's Leipzig contract for Uruguayan notes during the early 1930s came at a commercially convenient moment for the firm — European banknote printers were aggressively competing for Latin American government contracts as domestic order books thinned during the Depression. Uruguay's Banco de la República Oriental, a state institution established in 1896 with a mixed commercial and central banking mandate, was a reliable client through this period.

Pick 23 is part of a series that remained in circulation long enough to accumulate genuine wear; heavily used examples with edge splits along the horizontal fold are the rule rather than the exception.