1000 Pesos (FAO - Gold Pattern) 1969 front 1000 Pesos (FAO - Gold Pattern) 1969 back
1000 Pesos (FAO - Gold Pattern) 1969 photo
© Heritage Auctions

1000 Pesos FAO - Gold Pattern

1969 year
Gold (.900) 41.6 g 37 mm
Description
Issuer
Uruguay
Issuing bank
Central Bank of Uruguay (Banco Central del Uruguay)
Period
Oriental Republic of Uruguay (1825-date)
Type
Pattern
Year
1969
Value
1000 Pesos (1000&nbspUYP)
Currency
Peso (1863-1975)
Composition
Gold (.900)
Weight
41.6 g
Diameter
37 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
1969
Updated
2024-10-09
References
Numista
N#331642
Rarity index
97%

Reverse

Assorted stylized designs within circle (See coments below)

Script: Latin

Lettering:
• F A O •
FIAT 1969 PANIS

Translation:
F.A.O. (Food and Agriculture Organization)
FIAT PANIS: Latin= Make food
1969

Engraver: Francisco Matto Vilaró

Edge

Inscripted

Script: Latin

Lettering: REPUBLICA ORIENTAL DEL URUGUAY So

Translation: Oriental Republic of Uruguay So (Santiago mintmark)

Comment

This coin was created to adhere to the numismatic FAO program and is present on sets "Food for All" (Panel 2A) and FAO Album (page 9). The design is based upon the esthetical style created by the uruguayan artist Joaquin Torres Garcia (known as "Constructive Universalism" or "Constructivism").

On the obverse shows a Sun, Constuctivist version, and on reverse several symbols. Torres Garcia thought art should not copy nature, but not negate it either. Symbols are modern, but also remind native symbolism. They are so simple and bidimensionals, that evocate primitive art, and are very easy to understand them, main are: the fish (Nature), the triangle (Reason), the heart (feelings), man and woman.


Meanings of the symbols on reverse:
1: Creator's Face; 2: carpenter's square; 3: Universal Man, no races; 4: eel (representing sea element; 5: oxen yoke ; 6: seeds; 7: bird and seed; 8: fruit tree branch; 9: shovel; 10: buoy (fishing stuff); 11: tray to keep water and a seed; 12: fruit tree stakes; 13: axe; 14: ploughshare; 15: cow and seed; 16: lizzard; 17: grinding grain mortar.

There is a variant of this coin, where there is a small line from left eye of the Sun on obverse towards the nose; is known as "teardrop".


 No teardrop variant Teardrop variant

Also some coins have the inscription that can be read with obverse up, and others with reverse up; so combining teardrop/no teardrop and reading up/down, it makes a total of 4 variants.

Teardrop is not described in main catalogues, but frequently is mentioned in auction sites. Position of edge inscription is rarely described.

Mintmark is placed on edge.

NOTE:
- On 1987, Central Bank of Uruguay countermarked (off centered) 2 000 coins as celebration of Bank's 20th. anniversary;
- On 1997, Central Bank of Uruguay countermarked (centered and colorized) 500 coins as celebration of Bank's anniversary.
- Krause listed countermarked coins on original year, adding letter (KM# 55c and KM# 55d);
- SA did not list them separately, and only added a note explaining the countermarked coins;
- CG listed countermarked coins as variants (original= GC# 96.1; countermarked= CG# 96.2 & CG# 96.3); also lists silver pattern separately (CG# E34)

Interesting fact

The Pattern 1000 Pesos (FAO - Gold Pattern) 1969 from Uruguay is a rare and unique coin, with only 500 pieces minted. It was created as a pattern coin, meaning it was not intended for circulation but rather as a sample or prototype for a potential new coin design. The coin's design features the FAO (Food and Agriculture Organization) emblem on one side and the Uruguayan coat of arms on the other. The coin's rarity and historical significance make it a valuable collector's item for numismatists and collectors of Uruguayan coins.

Price

Date Mintage VG F VF XF AU UNC
1969  190 - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 1000 Pesos (FAO - Gold Pattern) 1969 coin.