Catalog
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| Issuer | Uruguay |
|---|---|
| Year | 1953 |
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| Composition | Log in to see details |
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| Technique | Milled |
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| Obverse description | Right-facing bust of José Gervasio Artigas, national hero and founding father of Uruguay, depicted in military uniform with high collar and epaulette detail. The engraver's initials 'HP' appear in the field below the truncation. The circular legend 'REPÚBLICA ORIENTAL DEL URUGUAY' runs along the upper periphery, while the name '· ARTIGAS ·' is inscribed below the bust and the date '1953' appears in the lower field. The coin is bordered by a continuous beaded rim. |
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| Reverse script | Latin |
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| Additional information |
This issue belongs to a transitional period in Uruguayan monetary policy — the early 1950s saw the country's economy begin its long deterioration under the strain of post-war commodity price collapses and mounting public sector deficits. Small copper-nickel centésimo coins were struck in quantity precisely because inflation was still modest enough that they retained practical utility, a situation that would become untenable within a decade.