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50 Pesos
| Issuer | Banco de la República Oriental del Uruguay |
|---|---|
| Year | 1896 |
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| Composition | Log in to see details |
| Size | 170 × 80 mm |
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| Obverse description | A female allegorical figure with war attributes occupies the left vignette, while a portrait of General Fructuoso Rivera appears at right. The face value is displayed at centre, with the issuer name in letterpress across the top. |
|---|---|
| Obverse lettering | el BANCO de le REPÚBLICA ORIENTAL del URUGUAY Pagará al portador y á la vista la cantidad de CINCUENTA PESOS EN MONEDA LEGAL DE ORO SELLADO. Ley de 4 de Agosto de 1896 Montevideo, 24 de Agosto de 1896. (Translation: The Bank of the Oriental Republic of Uruguay will pay to the bearer and at sight the amount of Fifty Pesos On legal currency of sealed gold Law of August 4th., 1896 Montevideo August 24th., 1896.) |
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| Comments |
Giesecke & Devrient had secured a strong foothold in South American bank note contracts by the 1890s, and this Uruguayan issue is among the more substantial early commissions from their Leipzig works. The Banco de la República Oriental del Uruguay — itself founded only in 1896, the same year of this note's issue — was a state institution created specifically to break the grip of private banks, particularly the Banco Nacional, which had collapsed spectacularly in 1890 during a broader regional financial crisis.
The timing matters: this 50 Pesos was among the first notes issued by a newly established public bank still working to establish credibility with a skeptical commercial class.