Catalog
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| Issuer | Uruguay |
|---|---|
| Year | 1965 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
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| Technique | Milled |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | Large bold numeral '50' occupies the upper portion of the central field, with the denomination legend 'CENTÉSIMOS' inscribed below in an arc. The entire composition is enclosed within a wreath of laurel branches tied at the base with a ribbon bow, the whole design set within a plain border. |
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| Additional information |
Uruguay's shift to aluminium coinage in the mid-1960s was driven by chronic inflation that had eroded the peso's purchasing power to the point where the metal value of older cupro-nickel pieces threatened to exceed their face value. The 50 centésimos denomination, essentially fractional currency by this point, was among the first retooled in the cheaper alloy. Within a decade, inflation had rendered even these coins economically irrelevant, and Uruguay redenominated its currency entirely in 1975, replacing the peso at 1,000-to-1.