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100 Pesos Banco Italiano del Uruguay
| Issuer | Banco Italiano del Uruguay |
|---|---|
| Year | 1887 |
| Type | Local banknote |
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| Obverse description | Central guilloche cartouche bearing the denomination value flanked by two portrait vignettes: at left, a front-facing bust of King Vittorio Emanuele II in military uniform, and at right, a bust of Christopher Columbus in profile facing left, wearing a hat and set within a laurel wreath. The note bears the issuer's title and payment obligation in letterpress across the upper and lower registers. |
|---|---|
| Obverse lettering | El Banco Italiano DEL Uruguay PAGARA AL PORTADOR 100 Y A LA VISTA CIEN PESOS MONEDA NACIONAL EN ORO SELLADO CON ARREGLO A LAS LEYES VIGENTES SOBRE MONEDAS. POR EL BANCO MONTEVIDEO 20 SETIEMBRE 1887. CIEN C 100 100 American Bank Note Co. New-York |
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| Comments |
The Banco Italiano del Uruguay was one of several immigrant community banks that operated in Montevideo during the relatively permissive banking period preceding Uruguay's 1896 banking crisis, which wiped out a number of private issuing institutions. Whether this specific bank survived into that crisis or wound down earlier is not firmly established, but the note's very existence reflects the era when immigrant-founded banks in the Río de la Plata region routinely obtained note-issuing privileges alongside conventional lending operations.
The American Bank Note Company contract for this series is consistent with ABNC's dominant share of South American private bank printing in the 1880s.