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Uruguay 1887 Banco Nacional de la Republica Oriental del Uruguay 20 Centesimos Pick A88a issued note serial A029393 with hand applied signatures and Mercury vignette

Uruguay 1887 - Banco Nacional de la Republica Oriental del Uruguay 20 Centesimos Issued Note Serial A029393 (Pick A88a)

The reverse consists of a dense green guilloche security field enclosing denomination panels, engraved with the precision and symmetry characteristic of Waterlow & Sons production of the 1880s. The fibrous matte paper stock and balanced ink saturation remain consistent with first-phase deliveries of the 1887 issue. Read more →

UruguayIssued Note188720 CentesimosVF (PMG 20 est.) Issued Note20 CentesimosSerial A029393Hand SignedMercury AllegoryGreen Guilloche ReverseWaterlow and SonsBanco Nacional de la Republica Oriental del UruguayLey 25 de Agosto de 1887Uruguay Monetary ReformLate 19th Century BankingUruguay1887Pick A88aMuseum Grade
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Uruguay 1887 Banco Nacional de la Republica Oriental del Uruguay 20 Centesimos Pick A88a issued note serial A053441 with hand applied signatures and Mercury vignette

Uruguay 1887 - Banco Nacional de la Republica Oriental del Uruguay 20 Centesimos Issued Note Serial A053441 (Pick A88a)

The reverse displays a dense green guilloche security field with structured denomination panels, characteristic of Waterlow and Sons printing methodology of the 1880s. Paper texture and engraving depth correspond to mature deliveries within the original hand-signed production cycle. Read more →

UruguayIssued Note188720 CentesimosVF to VF Plus (PMG 20 to 25 estimated) Issued Note20 CentesimosSerial A053441Hand SignedMercury AllegoryGreen Guilloche ReverseWaterlow and SonsBanco Nacional de la Republica Oriental del UruguayLey 25 de Agosto de 1887Uruguay Metallic Standard EraUruguay1887Pick A88aMuseum Grade
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Uruguay 1887 Banco Nacional de la Republica Oriental del Uruguay 20 Centesimos Pick A88c issued note serial K078922 with mechanically printed signatures and Mercury vignette

Uruguay 1887 - Banco Nacional de la Republica Oriental del Uruguay 20 Centesimos Issued Note Serial K078922 (Pick A88c)

The reverse displays a dense green guilloche security field with balanced denomination panels, consistent with Waterlow and Sons printing methodology of the period. Paper texture and ink saturation correspond to later deliveries within the 1887 production cycle. Read more →

UruguayIssued Note188720 CentesimosVF (PMG 20 est.) Issued Note20 CentesimosSerial K078922Printed SignaturesMercury AllegoryGreen Guilloche ReverseWaterlow and SonsBanco Nacional de la Republica Oriental del UruguayLey 25 de Agosto de 1887Uruguay Metallic Standard EraUruguay1887Pick A88cMuseum Grade
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Uruguay 1887 Banco Nacional de la Republica Oriental del Uruguay 20 Centesimos Pick A88c issued note serial J016899 with red PAYSANDO branch overprint

Uruguay 1887 - Banco Nacional de la Republica Oriental del Uruguay 20 Centesimos Paysando Branch Overprint Serial J016899 (Pick A88c)

The reverse presents the dense green guilloche security field standard to the 1887 series, engraved and printed by Waterlow and Sons according to late nineteenth century export standards. The underlying design remains identical to non-overprinted examples, confirming that the branch marking constitutes a secondary institutional intervention rather than a distinct printing. Read more →

UruguayIssued Note188720 CentesimosVF to VF Plus (PMG 20 to 25 estimated) Issued Note20 CentesimosSerial J016899Printed SignaturesPaysando Branch OverprintRed OverprintMercury AllegoryGreen Guilloche ReverseWaterlow and SonsBanco Nacional de la Republica Oriental del UruguayProvincial Branch DistributionLey 25 de Agosto de 1887Uruguay Metallic Standard EraUruguay1887Pick A88cMuseum Grade
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Uruguay 1887 Banco Nacional de la Republica Oriental del Uruguay 20 Centesimos Pick A88c issued note serial H092503 with red CANELONES branch overprint

Uruguay 1887 - Banco Nacional de la Republica Oriental del Uruguay 20 Centesimos CANELONES Branch Overprint Serial H092503 (Pick A88c)

The reverse retains the dense green guilloche security field typical of Waterlow and Sons export engraving of the 1880s. The underlying printed design remains identical to non-overprinted A88c examples, confirming that the branch overprint constitutes a secondary administrative layer rather than a separate printing. Read more →

UruguayIssued Note188720 CentesimosFine to Very Fine (PMG 15 to 20 estimated) Issued Note20 CentesimosSerial H092503Printed SignaturesCANELONES Branch OverprintRed OverprintMercury AllegoryGreen Guilloche ReverseWaterlow and SonsBanco Nacional de la Republica Oriental del UruguayProvincial Branch DistributionLey 25 de Agosto de 1887Uruguay Metallic Standard EraUruguay1887Pick A88cMuseum Grade
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Uruguay 1887 Banco Nacional de la Republica Oriental del Uruguay 20 Centesimos Pick A88c issued note serial D099758 with red SORIANO branch overprint

Uruguay 1887 - Banco Nacional de la Republica Oriental del Uruguay 20 Centesimos Issued Note SORIANO Branch Overprint, Serial D099758 (Pick A88c)

The reverse retains the dense green guilloche security field characteristic of Waterlow and Sons export engraving of the 1880s. The underlying printed design remains identical to non-overprinted A88c examples, confirming that the branch marking represents a secondary administrative layer rather than a separate printing. Read more →

UruguayIssued Note188720 CentesimosVery Fine (estimated) Issued Note20 CentesimosSerial D099758Printed SignaturesSORIANO Branch OverprintRed OverprintMercury AllegoryGreen Guilloche ReverseWaterlow and SonsBanco Nacional de la Republica Oriental del UruguayProvincial Branch DistributionLey 25 de Agosto de 1887Uruguay Metallic Standard EraUruguay1887Pick A88cMuseum Grade
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Uruguay 1896 Banco Nacional de la Republica Oriental del Uruguay 20 Centesimos Pick A88b issued note serial L084390 with perforated PAGADO 25.8.96 redemption cancel mirrored on both sides

Uruguay 1896 - Banco Nacional de la Republica Oriental del Uruguay 20 Centesimos Issued Note PAGADO 25.8.96 Perforation Cancel, Serial L084390 (Pick A88b)

The reverse displays the dense green guilloche security field characteristic of Waterlow and Sons export engraving. The perforation pattern is visible throughout the reverse in mirrored orientation relative to the obverse, further confirming through-punch application. Read more →

UruguayIssued Note189620 CentesimosPMG 63 Choice Uncirculated Issued Note20 CentesimosSerial L084390Printed SignaturesPerforated PAGADO 25.8.96Redemption CancelMercury AllegoryGreen Guilloche ReverseWaterlow and SonsBanco Nacional de la Republica Oriental del UruguayInstitutional RedemptionAdministrative InvalidationUruguay Metallic Standard EraUruguay1896Pick A88bPMG 63 Choice UncirculatedMuseum Grade
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