Catalog
5 Pesos Uruguayos Silver trial
| Issuer | Uruguay |
|---|---|
| Year | 2003 |
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| Value | Log in to see details |
| Currency | Peso uruguayo (1993-date) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The reverse displays the denomination in large numerals as '5', dominating the upper central field, accompanied by the currency sign '$5' to the lower left of the numeral. Below, the spelled-out value 'CINCO PESOS URUGUAYOS' is inscribed in two lines of bold capital letters across the central field. A horizontal rule separates the denomination legend from the date '2003', which appears in the exergue. The overall design is clean and typographic, with no additional decorative elements. |
| Reverse script | Latin |
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| Additional information |
Uruguay's 2003 monetary reform replaced the peso uruguayo at a rate of 1,000 to 1, collapsing denominations that had been inflated into irrelevance over decades of economic turbulence. Trial or prueba strikes were produced in silver for collector and archive purposes, documenting proposed designs before the new coinage entered production in base metals.
The 2003 crisis year is significant — Uruguay was still recovering from a severe banking collapse triggered in part by contagion from Argentina's 2001–2002 meltdown, which wiped out a substantial portion of Uruguayan savings held in dollar-denominated accounts.