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50 000 Nuevos Pesos Ibero-American Series
| Issuer | Banco Central del Uruguay |
|---|---|
| Year | 1991 |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
| Thickness | 2.09 mm |
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|---|---|
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| Obverse lettering | URUGUAY N$ 50.000 |
| Reverse description | The reverse is divided diagonally into contrasting polished and frosted fields, creating a striking proof cameo effect. At center, two crossed flags are depicted in high relief: the Uruguayan national flag with its horizontal stripes and canton sun, and the Spanish royal standard bearing the quartered coat of arms of Castile, León, Aragon, and Navarre topped by a royal crown. Above the flags, the Spanish royal coat of arms is rendered in fine detail. The commemorative dates 1492 and 1992 flank the central design to the left and right respectively, with the issue year 1991 inscribed below the flags. The circular legend REPUBLICA ORIENTAL DEL URUGUAY arcs along the upper rim, while ENCUENTRO DE DOS MUNDOS curves along the lower border, commemorating the 500th anniversary of Columbus's first voyage. |
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| Additional information |
Uruguay's Ibero-American series coins were struck as part of a coordinated multi-nation program launched in 1991, with Spain's Casa de la Moneda organizing participating mints across Latin America to issue companion pieces annually. The program was explicitly tied to the approaching quincentenary of Columbus's 1492 voyage, and Uruguay's entry for that inaugural year falls within that commemorative framework.
The denomination itself — 50,000 Nuevos Pesos — reflects the inflationary arithmetic of Uruguayan monetary history. The Nuevo Peso had replaced the original Peso in 1975 at 1,000:1, and by 1993 the country would replace it again with the Peso Uruguayo at another 1,000:1 conversion.