1377

URUGUAY, struck in Paris, 1 peso, 1878-A, "peso naufragio," rare, NGC XF details / cleaned.

Currency:USD Category:Coins & Paper Money / World Coins By Country Start Price:1,600.00 USD Estimated At:2,000.00 - 3,000.00 USD
URUGUAY, struck in Paris, 1 peso, 1878-A,  peso naufragio,  rare, NGC XF details / cleaned.
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[?]Live Online Auction Starts In 2026 May 08 @ 09:00 (UTC-04:00 : AST/EDT)
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URUGUAY, struck in Paris, 1 peso, 1878-A, "peso naufragio," rare, NGC XF details / cleaned. KM-17a. Lightly gray-toned over muted luster, small marks and rim-bruises. This rare and popular type has an interesting back story:

The steamship Paraná, which sailed from France to South America, ran aground and sank near Bahia, Brazil, on October 7, 1877, carrying a cargo of Uruguayan silver coins fresh from the Paris Mint. The coins were salvaged and sent on to Uruguay, but the government rejected them as tarnished and oxidized, so they were returned to Paris to be melted and re-coined into 100,000 pesos of new coins. Those new coins are the 1878 pesos like we see here, nicknamed "shipwreck pesos" (pesos naufragios) and now prized by collectors.
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