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10 Soles de Oro Overprinted on P#53

Issuer Banco Central de Reserva del Perú
Year 1935
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Currency Sol (1863-1985)
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Obverse description Black intaglio print on paper with blue and red underprint elements. At left, a seated allegorical female figure holding a flower and resting beside a basket of flowers, rendered in fine line engraving. The centre displays an ornate guilloche vignette bearing the numeral '1' in white script, flanked by the bank title 'BANCO DE RESERVA DEL PERU' in a bold banner across the top, with serial numbers printed in red on either side and 'PAGARÁ AL PORTADOR' below the title.
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Reverse description Orange intaglio print. Central vignette shows a mining scene with a miner operating a jackhammer, surrounded by industrial equipment. The numeral '1' appears in all four corners on either side of the central vignette. A black overprint applied by the Banco Central de Reserva del Perú carries the new denomination 'Diez Soles Oro' along with the issuing bank's name, superimposed over the original design.
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Comments

Pick 61 is Pick 53 — the standard ABNCo 10 Soles de Oro — with an overprint applied to change its authorized status or issue date. The Banco Central de Reserva had been established only in 1931, replacing the old Banco de Reserva, and in the early years it routinely overprinted existing note stocks rather than commission entirely new plates. It was cheaper and faster, and ABNCo was across an ocean.

Worth knowing: overprint adhesion on this series can be inconsistent, and partially shifted or faint overprints are documented. Not errors in the collectible sense — just the reality of applying ink to already-printed paper under production pressure.

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