21 September (Uruguay ) within release Banco de la Republica, 75th Anniv. goes into circulation Se-tenant Uruguayan banknote of 1896 face value 2*25 Uruguayan new peso
Se-tenant Uruguayan banknote of 1896 in catalogues | |
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Stamp Number: | Sn: UY 808a |
Ciardi: | Cia: UY 815-816 |
Se-tenant is square format.
Printed by National Print, Montevideo in sheets of 20 stamps. Designed by Angel Medina. Horizontal se-tenant pair with attached label. MI 1215-1216Se-tenant Uruguayan banknote of 1896 it reflects the thematic directions:
A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authorities.
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans.Lending activities can be directly performed by the bank or indirectly through capital markets