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20 000 Nuevos Pesos Hydroelectricity
| Issuer | Banco Central del Uruguay |
|---|---|
| Year | 1983 |
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| Composition | Gold (.900) |
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| Obverse description | The Uruguayan national coat of arms occupies the central field, depicting the quartered oval shield surmounted by a radiant sun. The shield quarters display the scales of justice, a fortified hill, a horse, and an ox, all rendered in fine detail. The arms are encircled by a wreath of laurel and oak branches tied at the base. The curved legend REPRESA "9 DE FEBRERO DE 1973" arcs along the upper periphery, with the mintmark "S" (Casa de Moneda de Chile) and the date 1983 positioned in the lower field beneath the shield. |
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| Reverse description | The country name URUGUAY arcs along the upper legend, while a panoramic view of the Salto Grande hydroelectric dam complex spans the central field, depicting the dam structure with water and turbine installations rendered in fine relief. The denomination N$ 20.000 appears in the lower field. The Salto Grande dam, completed on 9 February 1973, was a joint engineering undertaking between Argentina and Uruguay on the Uruguay River, with electrical output shared equally between both nations. |
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| Additional information |
Uruguay's early 1980s gold commemorative program was issued under conditions of severe economic duress — the country was in the grip of a military dictatorship and a debt crisis that would force a major currency devaluation in 1982, the year before this coin was struck. The choice to commemorate hydroelectricity was not incidental: the Palmar dam project on the Río Negro was a centerpiece of state infrastructure ambition during the authoritarian period, representing one of the few large-scale public works the regime could point to as a domestic achievement.
The .900 gold standard used here follows Argentine and regional minting convention of the period rather than the purer fineness adopted by most European issues.