-
Inventory:
1 In Stock
- Product ID: 31670
Checkout
The Uruguay 1 Centesimo coin from 1909, cataloged as KM#19, is an important piece of Uruguayan numismatic history, reflecting the country’s efforts to establish a cohesive and recognizable currency system during the early 20th century. This particular coin, issued during a time of significant economic and political change, represents an era of modernization and adaptation for Uruguay. The 1 Centesimo was part of a broader series of coins minted to standardize and strengthen the country's monetary system, which was vital for supporting economic growth and stability.
The historical context of the 1909 Uruguay 1 Centesimo coin is rooted in the period following Uruguay's establishment of its independent monetary system. By the early 1900s, Uruguay was focusing on creating a reliable and standardized currency to facilitate trade and economic activities. The 1 Centesimo coin was introduced as part of a series aimed at improving the country's financial infrastructure, reflecting both domestic needs and international standards. This period saw Uruguay align its currency with global practices, which included adopting a decimal-based system that simplified transactions and improved economic efficiency.
The design of the 1909 Uruguay 1 Centesimo coin is notable for its elegance and simplicity, which are characteristic of early 20th-century coinage. On the obverse, the coin features a bust of the Republic of Uruguay, symbolizing the country's national identity and sovereignty. This depiction is executed with a classical approach, capturing the essence of the republic's values and aspirations. The reverse of the coin displays the denomination and the year of minting, with a clean and straightforward layout that emphasizes the coin's practical use in everyday transactions. The overall design reflects the balance between aesthetic appeal and functional clarity, which was a common objective for coins of that era.
The mint responsible for producing the 1909 Uruguay 1 Centesimo coin is the Casa de Moneda in Montevideo, Uruguay's official mint. The Casa de Moneda has a long history of producing high-quality coins, and its expertise is evident in the craftsmanship of the 1 Centesimo. The minting process involved precision techniques to ensure the coin's durability and accuracy, which were essential for maintaining public trust in the currency. The choice of the Casa de Moneda as the mint for this series underscores the importance of reliable and skilled production in the establishment of a stable monetary system.
The mintage of the 1909 Uruguay 1 Centesimo coin was relatively modest compared to some other coins of the period, contributing to its rarity and collectible value. The limited production run reflects both the specific needs of the time and the mint's capacity to meet those needs. Coins with lower mintage figures are often more sought after by collectors, as they represent a smaller segment of historical currency and are less common in the market. The 1 Centesimo coin's mintage number is a key factor in its desirability among numismatists and collectors.
The condition of the 1909 Uruguay 1 Centesimo coin, categorized as Extremely Fine (XF), is a significant aspect of its overall value. Coins in the XF grade exhibit minimal wear and maintain a high level of detail and clarity, making them particularly appealing to collectors. The coin's surface shows only light signs of handling, preserving the original design elements and inscriptions. An XF coin is characterized by its well-defined features and the absence of major scratches or blemishes, which enhances its attractiveness and value in the numismatic market.
Overall, the 1909 Uruguay 1 Centesimo KM#19 coin is a noteworthy piece of Uruguayan numismatic heritage. Its historical significance, coupled with its elegant design and the craftsmanship of the Casa de Moneda, makes it a valuable addition to any collection of early 20th-century coins. The coin's limited mintage and excellent condition further contribute to its appeal, reflecting a critical period in Uruguay's monetary history and the broader context of global currency developments. Collectors and historians alike appreciate this coin for its representation of a pivotal moment in Uruguay's economic evolution and its role in the international numismatic community.