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10 Soles de Oro

Issuer Banco Central de Reserva del Perú
Year 1956
Type Standard circulation banknote
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Obverse description Printed in red, the obverse centres on a seated Liberty vignette, the allegorical figure holding a shield and a staff surmounted by a Phrygian cap. Serial numbers appear in red along the upper margin, with serial letter prefix in black beneath, and the place and date of issue are rendered in black letterpress text.
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Reverse description Printed entirely in red and white, the reverse is dominated by the Peruvian national coat of arms centered within the composition, flanked on either side by large numeral 10 denominational counters, with the bank name and denomination legend running across the design.
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Comments

Giesecke & Devrient's Leipzig facility printed Peruvian currency through much of the mid-twentieth century, a relationship that predated the Second World War and resumed afterward as the firm rebuilt its operations in East Germany. By 1956, the arrangement was well-established, though printing in Leipzig meant production was technically occurring behind the Iron Curtain — an arrangement few Latin American central banks advertised publicly.

The Sol de Oro had replaced the earlier Sol at par in 1931 following the monetary disruption of the Depression years. P#77 falls within a series that would remain in circulation well into the 1960s before inflationary pressure began compressing the lower denominations into irrelevance.