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20 Libres Project for Mercosur Common Currency
| Issuer | Brazil |
|---|---|
| Year | 2010 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Paper |
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|---|---|
| Obverse lettering | 20 BCM PRESIDENTE BCM © 2010 ✣ LIBRES ✣ SÂSO ✣ LIVRES (Translation: BCM (Banco Central Mercosur = Central Bank of Mercosur) President BCM) |
| Reverse description | Blank. |
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| Comments |
This is a design proposal, not an issued note — one of several mock-ups produced around 2010 when Mercosur economists and politicians were actively debating a regional common currency, provisionally called the "Sucre" in some discussions and "Gaucho" in others. The project never progressed to formal adoption, and Brazil's central bank never sanctioned production. Nascimento's design exists as a speculative artifact of a monetary union that stalled on the predictable obstacles: divergent inflation rates, incompatible monetary policies, and Argentine-Brazilian political friction.