Country: Uruguay

 

Issuer: Sociedad Fomento Territorial

 

SCWPM Catalog No.: P-S482

 

Date: 1 June 1868

 

Denomination: 20 Pesos

 

Condition: Extra Fine, light vertical center bend, small fold upper left corner. Very fresh paper.

 

Description: Black on orange underprinting on white paper. Young boy holding torch, map of Uruguay, and shield with national coat of arms at left. Orange border and denomination protector. Hand written serial number. Back blue with large denomination at center with various endorsement stamps. The notes were issued by a type of regional public works society, and are more like circulating bonds rather than traditional banknotes because they bore 1% interest to the bearer after a certain amount of time (also evidenced by an interest-paid stamp on the back). It is assumed that the issuance of these notes was used to raise funds for public works projects in the area around Montevideo. 173mm x 107mm.