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The Uruguay 2 Centesimos coin from 1936, cataloged as KM#20, represents a fascinating segment of Uruguayan numismatic history during the mid-20th century. In 1936, Uruguay was experiencing a period of economic stabilization and social reform. The introduction of this coin was part of the country’s broader efforts to modernize its currency system and maintain economic stability amidst global economic uncertainties. The 2 Centesimos coin serves as a testament to Uruguay’s resilience and adaptability during this transformative period.
By the mid-1930s, Uruguay had established itself as a relatively stable nation in South America, thanks in part to its progressive social policies and economic reforms. The 1936 2 Centesimos coin was introduced as a practical solution to facilitate everyday transactions, reflecting the nation’s commitment to providing reliable currency for its citizens. The coin was designed to be durable and practical, embodying the economic and social ideals of the time.
The design of the 1936 Uruguay 2 Centesimos coin is notable for its simplicity and elegance. On the obverse, the coin features a detailed depiction of the national coat of arms of Uruguay, which includes a sunburst with a human face at its center, symbolizing the country’s identity and sovereignty. Surrounding the coat of arms are the words “REPÚBLICA ORIENTAL DEL URUGUAY,” emphasizing the coin's national significance. The reverse side of the coin displays the denomination "2 C" and the year "1936," along with a series of decorative elements that enhance its visual appeal. The design of the 2 Centesimos coin is representative of the era's numismatic aesthetics, combining functional elements with artistic craftsmanship.
The mint responsible for producing the 1936 Uruguay 2 Centesimos was the Casa de Moneda in Montevideo. Established in the 19th century, the Casa de Moneda was renowned for its high-quality coin production and technical precision. The mint’s expertise ensured that each coin, including the 1936 2 Centesimos, was crafted to the highest standards, with meticulous attention to detail and accuracy. The Casa de Moneda’s reputation for quality is reflected in the coin’s design and its enduring appeal among collectors.
The mintage of the 1936 Uruguay 2 Centesimos was relatively modest, contributing to its status as a collectible item. While exact mintage figures are not always available, it is known that the coin was produced in sufficient quantities to meet the needs of the population but not in excess. This limited mintage enhances the coin’s desirability among collectors and underscores its historical significance. The 2 Centesimos coin from 1936 is valued not only for its role in Uruguay’s monetary system but also for its contribution to the country’s numismatic heritage.
The condition of the 1936 Uruguay 2 Centesimos, graded as Uncirculated (UNC), is a key factor in its overall value and appeal. An Uncirculated coin is one that has been preserved in pristine condition, with no signs of wear or damage. The UNC grade indicates that the coin retains its original mint luster and details, with minimal contact marks or surface imperfections. The high quality of the 1936 2 Centesimos in UNC condition enhances its collectible value and highlights its historical significance. The coin’s pristine state allows collectors and historians to appreciate its design and craftsmanship as it was originally intended.
In summary, the 1936 Uruguay 2 Centesimos KM#20 is a remarkable example of mid-20th-century Uruguayan coinage. Its design, minting by the Casa de Moneda, controlled mintage, and Uncirculated condition all contribute to its historical and collectible value. The coin provides valuable insight into Uruguay’s economic and numismatic history during a period of stability and reform, reflecting the country’s artistic and technical achievements in coin production. As a collectible item, the 1936 2 Centesimos offers a unique glimpse into Uruguay’s financial and cultural heritage, representing an important era in the nation’s history.