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10 Soles Oro
| Issuer | Peru |
|---|---|
| Year | 1956-1969 |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
| Thickness | 1.07 mm |
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| Obverse description | The Peruvian national arms occupies the center of the field: a divided shield bearing a vicuna at upper left, a cinchona tree at upper right, and a cornucopia at the base, all surmounted by a civic wreath. The shield is flanked by laurel and palm branches tied with a ribbon at the base, with the date appearing below the ribbon in the exergue. The arc legend REPUBLICA PERUANA runs along the upper periphery. |
|---|---|
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| Edge | Reeded |
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| Additional information |
Peru's sol oro coinage of this period was issued under the fiscal framework established after the country abandoned the earlier sol de plata system, with the gold denominations functioning largely as prestige pieces rather than everyday tender. By the late 1950s, runaway inflation was already eroding confidence in Peruvian paper currency, and the gold coins retained a following among private hoarders precisely because of it.
The series ran until 1969, the year after General Velasco Alvarado's military coup, which would eventually culminate in a sweeping monetary reform replacing the sol entirely with the inti in 1985.