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100 Pesos Law of Jan. 2nd., 1939-Issued by BROU

Issuer Banco de la República Oriental del Uruguay
Year 1948
Type Standard circulation banknote
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Obverse description Allegorical figure of Constitution seated at right, the national coat of arms at center, and a watermark panel at left. The design is executed in intaglio with fine guilloche underprint, framed by ornamental borders typical of De La Rue production.
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Protection description Portrait of José Gervasio Artigas
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Comments

Thomas De La Rue held the contract for Uruguay's BROU peso series across multiple decades, and this 100 Peso note — though dated to 1948 issue — draws its legal authority from the January 2nd, 1939 enabling legislation, a gap of nearly a decade that reflects how slowly Uruguay refreshed its higher denomination stock during that period. The law-date convention was common in Latin American issues but occasionally creates confusion when dating specimens or distinguishing issue varieties within Pick 39.

Watermark security was the principal anti-counterfeiting measure, which by the late 1940s was already considered minimal for a note of this value.

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