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500 Pesos

Issuer Banco de la República Oriental del Uruguay
Year 1931
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Printer Giesecke & Devrient, Leipzig, Germany
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Obverse description A central intaglio portrait vignette of an elderly José G. Artigas occupies the middle of the face, with the national coat of arms positioned below, flanked by two allegorical figures — a female representing the arts and a male representing the sciences. The issuer's name runs across the top, a bearer payment clause is inscribed along the left margin, and the governing law citation together with the date of Montevideo, 25 August 1931, appears at right.
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Reverse description The face value numeral "500" and the denomination text "QUINIENTOS PESOS" are centred within the main panel, with the issuer's name split between the upper and lower registers of the design. Allegorical male and female figures, personifying the sciences and arts respectively, fill the lateral vignettes on either side of the central value panel, providing a symmetrical, classically inspired composition.
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Comments

Giesecke & Devrient's Leipzig facility produced this note during a period when Uruguay, like much of Latin America, was navigating the financial shock of the Great Depression. The 500 Pesos was a high-denomination instrument — not a note that passed through many hands in daily commerce — which partly explains why surviving examples tend to show light wear rather than the heavy soiling typical of lower denominations from the same series.

Pick 26 belongs to a transitional issue for the Banco de la República Oriental del Uruguay, sitting between earlier notes that relied heavily on European plate designs and the more nationally assertive issues that followed later in the decade. G&D's Leipzig connection was severed for Uruguayan contracts once political pressures of the mid-1930s made German sourcing diplomatically awkward.

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