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20 000 Nuevos Pesos Gold coinage and BID Meeting, Piedfort issue
| Issuer | Banco Central del Uruguay |
|---|---|
| Year | 1984 |
| Type | Coin pattern |
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| Obverse description | Reproduction of the obverse design of Uruguay's first gold coin of 1854, featuring a radiant sun emerging from behind a national coat of arms centrally placed in the field, the arms flanked and surrounded by a wreath composed of assorted national flags. The encircling legend references the first gold coin struck in Montevideo, with commemorative dual dates spanning 1854 and 1984. |
|---|---|
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| Reverse description | Central design features a map of Uruguay enclosed within a stylized U-shaped auditorium seating arrangement rendered in the pattern of the national flag's stripes, symbolizing the Inter-American Development Bank assembly venue. The denomination appears at both sides of the central device, with a map of the Americas positioned in the lower left field. The encircling and surrounding legends identify the XXV Annual Meeting of the Board of Governors of the IDB held at Punta del Este, 26-28 March 1984, with the issuing republic named below. |
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| Additional information |
The Inter-American Development Bank held its 25th annual governors' meeting in Punta del Este in 1984, and Uruguay issued this piedfort to mark the occasion. Piedforts — struck on blanks roughly double the standard thickness — have historically served as presentation pieces and official gifts rather than circulation currency, and that function is explicit here.
Uruguay in 1984 was still under the shadow of the military dictatorship that had governed since 1973, though the transition back to civilian rule was already underway — Julio María Sanguinetti would win elections that November. Hosting a major international financial institution meeting carried obvious political significance for a government eager to signal economic reintegration.