Catalog
10 Soles de Oro
| Issuer | Banco Central de Reserva del Perú |
|---|---|
| Year | 1975 |
| Type | Standard circulation banknote |
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| Obverse description | Intaglio portrait of Garcilaso Inca de la Vega in armour occupies the right portion of the note, with his name inscribed below. To the left, a vignette of his historic house in Cuzco is rendered in fine line engraving. The Peruvian national coat of arms appears centrally within a guilloche underprint, beneath the issuing authority's title and the bearer clause "PAGARA AL PORTADOR". Three facsimile signatures appear along the lower centre, identified by their respective titles: Director, Presidente, and Gerente General. |
|---|---|
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| Protection type | Watermark |
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| Comments |
By 1975, Peru's military government under General Francisco Morales Bermúdez had inherited an economy badly strained by the reformist spending of the Velasco years. The sol was depreciating steadily, and the 10 Soles de Oro denomination — already modest — was losing purchasing power fast enough that this series would be superseded within a few years by higher-denomination issues printed domestically.
De La Rue's involvement with the BCR went back decades, and the London-printed relationship persisted well into the 1970s despite Peruvian nationalism running high in other sectors of the economy. The watermark security on this issue is relatively minimal for a De La Rue production of the period.