Catalog
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| Issuer | Banco Central de Reserva del Perú |
|---|---|
| Year | 1988 |
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| Composition | Log in to see details |
| Weight | 6.95 g |
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| Obverse description | The obverse features the Peruvian national coat of arms at center, depicting a quartered shield with a vicuña in the upper left, a cinchona tree in the upper right, and a cornucopia in the lower half, all rendered in moderate relief. The shield is flanked by laurel and palm branches tied at the base. A beaded inner border frames the design. The circular legend BANCO CENTRAL DE RESERVA DEL PERU arcs around the upper field, with the mint name LIMA and the date 1988 appearing in the lower exergual area. |
|---|---|
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| Obverse lettering | BANCO CENTRAL DE RESERVA DEL PERU LIMA 1988 (Translation: Central Reserve Bank of Peru) |
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| Additional information |
The Inti was introduced in 1985 to replace the sol at a rate of 1,000 to one, itself a response to inflation that had already rendered the sol nearly worthless. By 1988, annual inflation in Peru was approaching 1,700 percent, and the Inti was already losing the battle — this brass circulating issue was produced even as the denomination was becoming economically marginal within months of striking.
The KM#Pn37 reference designation indicates pattern or piefort classification in some catalogs, a cataloging ambiguity worth verifying against the specific specimen. By 1991, the Inti had been replaced by the nuevo sol at a conversion rate of one billion to one.