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The Uruguay 2 Centesimos coin from 1936, cataloged as KM#20, is a distinguished example of early 20th-century Uruguayan currency. This coin was issued during a period of significant economic and political changes in Uruguay. The 1930s were marked by the global Great Depression, which had a profound impact on economies worldwide, including Uruguay. The 1936 2 Centesimos reflects Uruguay’s efforts to stabilize its economy and adapt to the financial challenges of the time. The coin is a testament to the nation’s resilience and its commitment to maintaining a stable currency amidst economic uncertainty.
During the 1930s, Uruguay faced severe economic difficulties, largely influenced by the global economic downturn. The 1936 2 Centesimos was part of Uruguay’s response to these challenges, aimed at providing a reliable and consistent currency for everyday transactions. The coin’s issuance during this period highlights the nation's efforts to navigate the financial strains of the Great Depression while ensuring that its currency remained functional and accessible to the public. The 2 Centesimos coin thus plays a significant role in understanding Uruguay’s economic history during this era.
The design of the 1936 Uruguay 2 Centesimos is characterized by its simplicity and elegance, reflecting the aesthetic values of the time. On the obverse side of the coin, the national emblem of Uruguay is prominently displayed. This emblem features the sun with a human face, symbolizing freedom and national pride. The design is carefully rendered, showcasing the quality of Uruguayan coinage during this period. The reverse side of the coin features the denomination “2 Centesimos,” clearly indicating the coin’s value. The year “1936” is also prominently displayed, marking the coin's place in history and its issuance year.
The mint responsible for producing the 1936 Uruguay 2 Centesimos was the Casa de Moneda in Montevideo. The Casa de Moneda was renowned for its high standards in minting and played a crucial role in producing Uruguay’s currency during this time. The coin’s production at this esteemed mint ensures its quality and authenticity. The Casa de Moneda’s craftsmanship is evident in the precision of the coin’s design and the fine details that characterize the 1936 2 Centesimos.
The mintage of the 1936 Uruguay 2 Centesimos was relatively modest, which adds to its significance among collectors. While exact mintage figures for this specific coin are not always available, it is known that coins from this era were produced in quantities sufficient to meet the needs of the public but not so abundantly that they became excessively common. This balance in mintage contributes to the coin’s collectible value and makes it a sought-after item for numismatists interested in Uruguayan history and currency.
The condition of the 1936 Uruguay 2 Centesimos, graded as Uncirculated (UNC), is a key factor in its value and appeal. An Uncirculated coin is one that has never been used in everyday transactions, thus retaining all of its original detail and luster. The surfaces of an UNC coin are free from wear and damage, showcasing the highest quality of minting. The 1936 2 Centesimos, in its Uncirculated state, presents the coin’s design and craftsmanship in its most pristine form, enhancing its desirability among collectors and its overall market value.
In summary, the 1936 Uruguay 2 Centesimos KM#20 is a notable example of Uruguayan numismatic history. Its historical context, combined with its elegant design, modest mintage, and Uncirculated condition, makes it a valuable and collectible coin. The coin provides insight into Uruguay’s efforts to address economic challenges during a significant period while preserving the quality and integrity of its currency. As a piece of Uruguay’s monetary history, the 1936 2 Centesimos holds a special place in the world of numismatics, offering a glimpse into the country’s economic and cultural heritage during the early 20th century.