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10 Soles de Oro

Issuer Banco Central de Reserva del Peru
Year 1972-1975
Type Standard circulation coin
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Obverse lettering BANCO CENTRAL DE RESERVA DEL PERU 1972
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Reverse lettering TUPAC AMARU 10 DIEZ SOLES DE ORO
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Additional information

Peru's military government under General Juan Velasco Alvarado introduced sweeping nationalizations during this period — oil, mining, fishing — and the sol coinage absorbed the resulting fiscal pressure. By 1975, inflation was accelerating sharply, and this denomination's purchasing power had eroded enough that a new monetary unit, the inti, would eventually replace the sol entirely in 1985.

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