Uruguay 10 Nuevos Pesos 1981 Coin KM# 79: A Piece of Uruguayan History

**Description:**

This 10 Nuevos Pesos coin from Uruguay was issued in 1981, during the New Peso period (1975-1993). It is made of copper-nickel and has a Krause number of KM# 79. The coin is round and has a reeded edge. It weighs 10 grams and has a diameter of 28 millimeters.

The obverse of the coin features the coat of arms of Uruguay, which consists of a shield divided into four quadrants. The first quadrant contains a sun, the second quadrant contains a mountain range, the third quadrant contains a horse, and the fourth quadrant contains an ox. The shield is surmounted by a liberty cap and surrounded by a wreath of olive branches.

The reverse of the coin features a portrait of José Gervasio Artigas, the national hero of Uruguay. Artigas is considered to be the father of Uruguayan independence. He led the Uruguayan War of Independence against Spain from 1811 to 1814.

The 10 Nuevos Pesos 1981 Coin KM# 79 is a beautiful and historic coin. It is a great addition to any coin collection.

**Coin History:**

The 10 Nuevos Pesos coin was first issued in Uruguay in 1975. It was the highest denomination coin in circulation at the time. The coin was made of copper-nickel and had a Krause number of KM# 79.

The coin was issued during the New Peso period (1975-1993). The New Peso was introduced in 1975 to replace the Old Peso. The Old Peso had been in circulation since 1862.

The New Peso was pegged to the US dollar at a rate of 1 New Peso = 1 US dollar. However, the New Peso began to lose value in the early 1980s. By 1983, the New Peso was worth only about 0.20 US dollars.

The New Peso was replaced by the Peso Uruguayo in 1993. The Peso Uruguayo is currently the official currency of Uruguay.

The 10 Nuevos Pesos 1981 Coin KM# 79 is a reminder of a time when Uruguay was experiencing economic instability. It is also a reminder of the country's rich history and culture.