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100 Pesos

Issuer Banco del Perú
Year 1864-1867
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Reference(s) P#S353
Obverse description The obverse is dominated by a central vignette of a seated allegorical female figure, likely representing Commerce or Peru, flanked by an intricate guilloche underprint. To the lower left, a standing female figure in classical attire holds a spear, while to the lower right a radiant sun face appears within an ornate circular medallion. The denomination "100" is printed in the upper right corner, with the bank title "El Banco del Peru" in bold letterpress script across the centre and the value "CIEN PESOS" below it.
Obverse lettering El Banco del Peru
Pagese CIEN PESOS á la vista
moneda corriente en esta fecha
Lima
LOS GERENTES
Compañia Americana de Billetes de Banco Nueva York
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Comments

Banco del Perú was a short-lived private institution, founded in 1863 and absorbed into the Banco de Lima by 1870. Its note issue was correspondingly brief, and the S353 sits within that narrow window before Peru's banking sector consolidated under pressure from the guano-boom credit expansion and subsequent contraction.

American Bank Note Company produced this during its early period of dominance in Latin American government and private bank contracts — a near-monopoly position it had been building since the 1850s. The engraving quality on ABNC work of this period is consistently high, which makes condition assessment more reliable than with contemporaneous European-printed issues.

Private bank notes of this era were frequently redeemed and destroyed; survivors are uncommon.