Catalog
10 Pesos Banco Popular
| Issuer | Banco Popular de la República Oriental del Uruguay |
|---|---|
| Year | 1888 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | BANCO POPULAR DE LA REPUBLICA ORIENTAL DEL URUGUAY PAGAREMOS AL PORTADOR Y A LA VISTA DIEZ PESOS MONEDA NACIONAL EN ORO SELLADO CON ARREGLO A LA LEY DE 23 DE JUNIO DE 1862 MONTEVIDEO 5 DE NOVIEMBRE DE 1888 (Translation: Popular Bank of the Oriental Republic of Uruguay We will pay to the bearer and at sight ten Pesos National currency, in accordance with the Law of June 23rd, 1862 Montevideo, November 5th, 1888) |
| Reverse description | Green note centred on an allegorical vignette of a seated female figure holding a spear, set against a wooded background. The face value numeral '10' appears in large format on both the left and right sides flanking the central image. |
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| Comments |
Banco Popular de la República Oriental del Uruguay was one of several private commercial banks authorized to issue currency under Uruguay's 1867 banking law, which permitted note-issuing privileges to capitalized institutions without requiring a government monopoly. The arrangement lasted until the Banco de la República Oriental del Uruguay was established in 1896, after which private emission was progressively curtailed. Notes from Banco Popular rarely turn up in collections outside South America, suggesting limited survival rather than abundant original issue.