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5 Pesos
| Issuer | Banco Central del Uruguay |
|---|---|
| Year | 1965 |
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| Value | Log in to see details |
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| Composition | Aluminium bronze (Copper 92% - Aluminium 6% - Nickel 2%) |
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| Obverse description | Bare-headed bust of José Gervasio Artigas, national hero and founding father of Uruguay, facing right, rendered in moderate relief with period military collar visible at the truncation. The name ARTIGAS appears in raised letters below the portrait, flanked by two small dots, with the date 1965 inscribed directly beneath. The circular legend REPÚBLICA ORIENTAL DEL URUGUAY runs along the upper periphery, and the entire design is enclosed within a beaded border. |
|---|---|
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| Obverse lettering | REPÚBLICA ORIENTAL DEL URUGUAY • ARTIGAS • 1965 (Translation: Oriental Republic of Uruguay Artigas 1965) |
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| Additional information |
By 1965, Uruguay was deep into a decade-long inflationary spiral that would eventually see the peso lose the overwhelming majority of its value before the currency was replaced by the new peso in 1975 at a conversion rate of 1,000 to 1. Coins of this denomination were minted because they still technically functioned, but purchasing power was eroding fast enough that the public treated metal coinage as an inconvenience rather than a store of value.
KM#47 continued a series that had been running since 1965, sharing its alloy with other circulating issues of the period as Uruguay leaned on aluminium bronze for durability in coins that saw heavy, rapid turnover.