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500 Pesos Law of Jan 2nd., 1939 - Issued by BROU
| Issuer | Banco de la República Oriental del Uruguay |
|---|---|
| Year | 1952 |
| Type | Log in to see details |
| Value | 500 Pesos (500 UYP) |
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| Composition | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | A large intaglio vignette in green occupies the centre-left of the reverse, comprising a multi-figure allegorical composition evoking Uruguay's agricultural economy: a gaucho on horseback, workers harvesting grain, a flock of sheep in the foreground, and a woman reading beside an industrial port backdrop to the right. Denomination numerals "500" appear in guilloche cartouches at each corner, with the printer's imprint "Thomas De La Rue & Co. Ltd." at the foot of the design. An oval blank panel to the right serves as the watermark area. |
| Reverse lettering | DEPARTAMENTO DE EMISION DEL BANCO DE LA REPUBLICA ORIENTAL DEL URUGUAY QUINIENTOS PESOS (Translation: Issuing department of the Bank of the Oriental Republic of Uruguay Five hundred Pesos) |
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| Comments |
The Banco de la República Oriental del Uruguay's 500-peso denomination was the highest value in regular circulation for much of the mid-twentieth century, and the 1939 law authorization remained the legal basis for successive printings well into the 1950s — a common Uruguayan practice of renewing note stocks under outdated statutory authority rather than issuing fresh legislation. Thomas De La Rue produced this series in London throughout that period, their long relationship with BROU predating this issue by decades.
At 500 pesos, these notes were substantial transactional instruments in a country where inflation was beginning to accelerate ahead of the more severe monetary pressures of the late 1950s.