Catalog
1 Libra Peruana de Oro
| Issuer | Banco de Reserva del Peru |
|---|---|
| Year | 1922-1926 |
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| Currency | Sol (1863-1985) |
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| Obverse description | Black intaglio print over a multicolour guilloche underprint in blue and red. At the left margin, a classical allegorical female figure is seated and holding a basket of flowers, executed in fine engraved detail; at centre, a large ornate numeral 1 is set within an elaborate scrollwork cartouche, flanked by red-printed serial numbers. The bank name runs across the top banner, with denomination text, date, and three manuscript signature lines arranged below. |
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| Obverse lettering | BANCO DE RESERVA DEL PERU PAGARÁ AL PORTADOR 1 UNA LIBRA PERUANAS DE ORO DE ACUERDO CON LAS DISPOSICIONES DE LA LEY Nº 4500 LIMA, 12 DE ABRIL DE 1922. (Translation: Reserve Bank of Peru Will pay the bearer one Libra Peruana de Oro in accordance with the provisions of Law# 4500 Lima, April 12th., 1922.) |
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| Comments |
The Banco de Reserva del Peru was established in 1922 — the same year this series began — as Peru's first central bank, replacing the chaotic arrangement under which commercial banks had issued their own competing currency. The libra peruana de oro was pegged to the British gold sovereign, a deliberate policy choice meant to reassure foreign creditors and stabilize an economy still lurching through post-WWI commodity shocks.
ABNC printed the series in New York throughout the issue period, a routine arrangement for Latin American central banks of the era that lacked domestic security printing infrastructure. The Banco de Reserva itself was liquidated in 1931 and reconstituted as the Banco Central de Reserva del Peru — notes from this original institution consequently circulated for under a decade.