Catalog
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| Issuer | República del Perú |
|---|---|
| Year | 1881 |
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| Value | Log in to see details |
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| Printer | American Bank Note Company |
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| Obverse description | Blue-printed host note of the Banco de la Compañía General del Perú, bearing a vignette of José Gálvez at upper left, with a coastal town and steam vessel in the background and a steam locomotive at lower center; red serial numbers at lower left and right, two manuscript signatures with printed titles. Black overprint reads "BILLETE PROVISIONAL" cancelling the original issuer and Sol denomination, with two additional overprint signatures below the originals. |
|---|---|
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| Reverse description | Green-printed host reverse with a central steam locomotive vignette, the original Sol denomination in letters above and below the image and in numerals at the sides. A black overprint by the República del Perú superimposes the new denomination and issuer name over the host text, with the date "1º Setiembre 1881" and a Republic president signature applied at center-bottom. |
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| Comments |
In the chaos following Chile's occupation of Lima in January 1881, Peru's provisional government faced an immediate currency shortage. Unable to issue new notes, authorities resorted to overprinting existing Compañía General del Perú stock — a private commercial bank issue — with official Republican markings, effectively conscripting private paper into state service mid-war.
The 1 Real denomination was stamped onto the 1 Sol base note, a steep reduction that reflected the catastrophic depreciation already grinding through the Peruvian economy during the War of the Pacific. ABNC had printed the underlying Sol notes before the conflict began; by the time this overprint was applied, the company's New York plates were inaccessible to a government that no longer controlled its own capital city.