Catalog
| Issuer | Banco Central del Uruguay |
|---|---|
| Year | 1975 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Thomas De La Rue & Company, London, United Kingdom |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Central vignette comprises a portrait of José Gervasio Artigas (1764–1850), national hero and founding father of Uruguayan independence, rendered in intaglio against a fine guilloche underprint. The national coat of arms appears to the left of the portrait. Surrounding inscriptions identify the issuing authority, the applicable law, and the denomination in full. |
|---|---|
| Obverse lettering | Log in to see details |
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| Protection type | Watermark |
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| Comments |
Uruguay's shift to the "nuevos pesos" system in 1975 was a straight redenomination — one nuevo peso replacing 1,000 old pesos — aimed at simplifying accounting after years of inflation had made the old currency operationally unwieldy. The notes were not an emergency measure but a planned administrative reset, though inflation continued well past the reform.
Thomas De La Rue printed the series under the military government that had taken power in 1973. Pick 59 is the mid-denomination of the initial nuevos pesos release, a series that would itself be rendered obsolete when Uruguay was forced into a second redenomination in 1993.