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100 Nuevos Pesos

Issuer Banco Central del Uruguay
Year 1975
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Printer Thomas De La Rue & Company, London, United Kingdom
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Obverse description Central vignette presents an intaglio portrait of José Gervasio Artigas (1764–1850), national hero and founding father of Uruguayan independence, positioned at left. The national coat of arms appears to the right of center, set against a fine guilloche underprint. The issuing authority legend and denomination inscription are rendered in letterpress across the upper and lower margins.
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Reverse description The reverse carries an intaglio vignette of the Estévez Palace (Palacio Estévez), the former seat of government situated on Plaza Independencia in Montevideo, rendered in a detailed architectural style. A fine guilloche underprint frames the central design, with the issuing bank's name inscribed across the upper margin.
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Comments

Uruguay's 1975 monetary reform introduced the nuevo peso at a rate of 1,000 old pesos to one — a redenomination that reflected roughly a decade of accelerating inflation under increasingly authoritarian civilian and then military governance. The junta that had taken full control in 1973 was still consolidating its economic management when this series entered circulation, and De La Rue's involvement was part of a broader continuity with earlier Uruguayan note contracts rather than any new arrangement.

The watermark remains the sole security feature, which by the mid-1970s was already considered minimal for a high-denomination issue.

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