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5 Nuevos Pesos Founding of Montevideo

Issuer Banco Central del Uruguay
Year 1976
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Value 5 Nuevos Pesos (5 UYN)
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Obverse description Right-facing three-quarter portrait of Bruno Mauricio de Zabala, the founder of Montevideo, rendered in high relief against a background of rusticated ashlar stonework characteristic of colonial-era fortification walls. The denomination N$ 5 and the abbreviated country name URUGUAY are incised into one of the stone blocks, integrating the legend organically into the architectural motif. The overall design conveys a sense of historical gravitas befitting a commemorative issue.
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Edge Reeded.
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Issued to mark the 250th anniversary of Montevideo's founding in 1726, this coin appeared during the early years of the civic-military dictatorship that had seized power in 1973. The regime made deliberate use of commemorative coinage to project historical continuity and institutional legitimacy — a government suppressing civil society while celebrating the city's founding is not an incidental irony.

Aluminium bronze of this weight was already being phased out of Uruguayan coinage by the mid-1970s as inflation eroded purchasing power, making this commemorative one of the last substantial issues in the alloy before the currency was redenominated in 1975.

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