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10 000 Pesos
| Issuer | Banco Central del Uruguay |
|---|---|
| Year | 1973-1975 |
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| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | P#53 |
| Obverse description | The issuer's name arches across the top, flanked by the Uruguayan coat of arms at centre. An oval vignette at left carries a portrait of José Gervasio Artigas facing right, with face value numerals and a signature line below; a second, larger bust of Artigas facing left occupies the right portion of the note, identified by his surname. The centre field bears the full legal tender legend in letterpress, two signature lines with titles, a series letter, and the face value rendered in both numerals and words. |
|---|---|
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| Protection type | Watermark |
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| Comments |
Uruguay's 10,000 Peso note arrived just as the country was entering one of its most turbulent political periods — the military coup of June 1973 dissolved parliament weeks after this series began circulating. The Banco Central had been established only in 1967, and this high denomination reflects the accelerating inflation that had plagued the peso through the late 1960s and early 1970s, with annual rates repeatedly exceeding 50%.
Thomas De La Rue printed the series in London under contract, a common arrangement for Uruguayan issues of the period. The 1975 date marks the practical end of the old peso system; the following year, the government redenominated at 1,000 to 1, replacing these notes with the nuevo peso.