By 1975, Peru was three years into the government of General Francisco Morales Bermúdez, who had displaced Velasco Alvarado in a bloodless coup. The sol was deteriorating steadily under inflation driven by failed agrarian reform and nationalization programs — a trajectory that would eventually require a complete currency redenomination in 1985, when the inti replaced the sol at 1,000 to one.
KM#263 is a long-running type, struck across multiple years with minimal variation. Brass small-denomination coins of this period circulated hard and were frequently hoarded once face value fell below the worth of the metal.
By 1975, Peru was three years into the government of General Francisco Morales Bermúdez, who had displaced Velasco Alvarado in a bloodless coup. The sol was deteriorating steadily under inflation driven by failed agrarian reform and nationalization programs — a trajectory that would eventually require a complete currency redenomination in 1985, when the inti replaced the sol at 1,000 to one.
KM#263 is a long-running type, struck across multiple years with minimal variation. Brass small-denomination coins of this period circulated hard and were frequently hoarded once face value fell below the worth of the metal.