Description and research notes
Plain issue of the 1887 Banco Nacional 20 Centésimos, same Waterlow design as earliest A-series but slightly later printing. Obverse shows Mercury and arms, reverse green guilloche. Serial A053441 exhibits lighter inking and cooler tint, signatures of Vittone, Bugliam and Giménez in black ink. Defines the mature Montevideo plain issue immediately before provincial overprints.
Cataloged Pick A88a / PMG A88a (Plain Issue). Second position within the five-note set, continuing the plain national series before Paisandú and Canelones marks entered circulation.