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20 000 Nuevos Pesos Hydroelectricity
| Issuer | Banco Central del Uruguay |
|---|---|
| Year | 1983 |
| Type | Log in to see details |
| Value | 20 000 Nuevos Pesos (20 000 UYN) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | The country name URUGUAY arcs along the upper legend, while a panoramic view of the Salto Grande hydroelectric dam complex spans the central field, depicting the dam structure with water and turbine installations rendered in fine relief. The denomination N$ 20.000 appears in the lower field. The Salto Grande dam, completed on 9 February 1973, was a joint engineering undertaking between Argentina and Uruguay on the Uruguay River, with electrical output shared equally between both nations. |
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| Additional information |
Uruguay's early 1980s gold commemorative program was issued under conditions of severe economic duress — the country was in the grip of a military dictatorship and a debt crisis that would force a major currency devaluation in 1982, the year before this coin was struck. The choice to commemorate hydroelectricity was not incidental: the Palmar dam project on the Río Negro was a centerpiece of state infrastructure ambition during the authoritarian period, representing one of the few large-scale public works the regime could point to as a domestic achievement.
The .900 gold standard used here follows Argentine and regional minting convention of the period rather than the purer fineness adopted by most European issues.