50 Pesos Pattern

Uruguay's 1968 monetary reform introduced a new peso scale — the peso uruguayo replacing the old peso at 1,000 to one — and several denominations were struck as patterns before the final circulating designs were confirmed. This 50 pesos gold pattern was part of that trial process, produced at a moment when the country was navigating severe inflation and IMF-pressured austerity measures that had fueled years of social unrest leading up to the Tupamaros insurgency.

Pattern gold coinage from this reform series rarely surfaces; most were retained institutionally or melted. KM#PnA85 distinguishes it from the confirmed pattern listings, suggesting a design variant rejected before the approval stage.