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1 Sol de Oro small Type, with mintmark
| Issuer | Banco Central de Reserva del Perú |
|---|---|
| Year | 1978-1981 |
| Type | Standard circulation coin |
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| Currency | Log in to see details |
| Composition | Log in to see details |
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|---|---|
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| Reverse lettering | UN SOL DE ORO |
| Edge | Plain |
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| Additional information |
Peru's Sol de Oro coinage was already fighting a losing battle against inflation by the late 1970s. The small-type 1 Sol was introduced as part of a series of size reductions intended to cut production costs, but the currency itself was rendered obsolete within a few years — the Inti replaced the Sol de Oro in 1985 at a rate of 1,000 to 1, a ratio that tells you everything about what happened to purchasing power during these years.
The mintmark distinction separating KM#266.2 from its companion variety reflects Lima mint production oversight during a period when the BCR was managing multiple denominations under acute monetary pressure.