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10 Libres Project for Mercosur Common Currency

Issuer Banco Central Mercosur (BCM) - Project
Year 2010
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Value 10 Libres
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Obverse lettering 10 BCM PRESIDENTE BCM © 2010 ✣ LIBRES ✣ SÂSO ✣ LIVRES
(Translation: BCM (Banco Central Mercosur = Central Bank of Mercosur) President BCM)
Reverse description Reverse is blank.
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Comments

Never issued, never circulated. This note was produced as a design proposal during a period when Mercosur economists were actively debating a regional common currency — tentatively named the "Gaucho" in some discussions, though the "Libre" denomination used here reflects a competing nomenclature that briefly gained traction. The project stalled almost immediately against the structural reality that Brazil and Argentina could not agree on a common monetary framework, and no central bank with this name has ever been formally constituted.

Nascimento's involvement places this firmly in the Brazilian design tradition for the proposal — though the note remains a speculative artifact, not an official state commission.

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