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Auction: 23002 - Orders, Decorations and Medals
Lot: 221

(x) The following 8 Lots comprise the Orders and Medals of President Areco of Uruguay. He was born on 9 April 1920 and served in the Government as Vice President to President Óscar Gestido in 1967. When Gestido died in office, he assumed the Presidency on 6 December 1967. During his time in office, he implemented price and wage freezes in an attempt to control inflation, and enforced a state of emergency in June 1968 to stem the resulting labour disputes. They also fought the National Liberation Movement of urban guerrillas.

Since Uruguay's constitution does not allow a President to run for immediate re-election, a referendum for constitutional reform was submitted to allow him to run for a second term in 1971, but it did not pass. He left office on 1 March 1972 and thence gave further service to the nation.

He took up positions as Ambassador to Spain, Switzerland, the United States and Paraguay. Besides this he ran in several further elections but without coming to power. He died on 29 July 1998 and was buried with presidential honours at the Central Cemetery of Montevideo.

The Municipality of Santiago Medal of Merit awarded to Jorge Pacheco Areco

Chile, Municipality of Santiago Medal of Merit, the reverse engraved 'La I. Municipalidad de Santiago Al Excmo. Sr. Jorge Pacheco Areco Pdte. Rep. Uruguay Stgo. Chile - Sept. 1968.', silver-gilt and enamel, good very fine

Probably awarded whilst he was present for the Military Display at Park O'Higgins. An image of him wearing the Medal is held in the Library of the National Congress of Chile.

Subject to 5% tax on Hammer Price in addition to 20% VAT on Buyer’s Premium.

Sold for
£300

Starting price
£240