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10 Soles De Oro

Issuer Banco Central de Reserva del Perú
Year 1976
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Currency Sol (1863-1985)
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Obverse description At right, an intaglio three-quarter bust portrait of Garcilaso Inca de la Vega in armour; at left, an engraved vignette of his historic house in Cuzco with arched colonnades. The Peruvian national coat of arms is set within a multicolour guilloche rosette at centre, with the denomination panel 'DIEZ SOLES DE ORO' below; three signature lines for Director, Presidente, and Gerente General appear at lower centre, the date and city of issue inscribed at left.
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Reverse description The central field carries a panoramic intaglio vignette of traditional totora reed balsas under sail on Lake Titicaca, with figures aboard and Andean peaks in the background; the caption 'LAGO TITICACA' appears below the scene. The bank name runs across the top, the denomination 'DIEZ SOLES DE ORO' is set in a bold panel at foot, and guilloche cartouches frame all four corners.
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Peru's 10 Soles de Oro denomination had a long run under the Banco Central de Reserva, and by the mid-1970s the series was already showing its age against accelerating inflation. The soles de oro would be replaced entirely by the inti in 1985, by which point the 10-sol note had become practically worthless in real terms — a victim of the chronic monetary instability that plagued Peru through the late Velasco and Morales Bermúdez governments.

Thomas De La Rue's involvement with Peruvian currency stretched back decades, making this a routine production assignment for the London printer rather than a new contract.

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