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10 Pesos Banco Popular

Issuer Banco Popular de la República Oriental del Uruguay
Year 1888
Type Local banknote
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Obverse description Dark blue note with a central allegorical vignette of a male figure with bow and arrow flanked by two horses. The issuer's full name arches across the upper margin, with the face value rendered in words at centre and in numerals at upper left and upper right; additional legends appear along the top and bottom borders. Black serial numbers are printed vertically on both lateral margins over the issuer name, with place and date of issue at lower centre.
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Reverse lettering 10 10
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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.

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