Uruguay 1939 - Banco de la Republica Oriental del Uruguay 500 Pesos Specimen, Perforated Cancel, Serie A (Pick 40as)
The perforated CANCELLED inscription is the defining production feature of this example. Formed by a sequence of small openings through the sheet, it cannot be removed or altered without materially damaging the note. At the same time, the perforation leaves the underlying typography, engraving, and color structure visible, making the note suitable for technical comparison and institutional recordkeeping. Its restrained appearance distinguishes it from the visually heavier red-overprint specimens prepared under other control protocols. Read more →