100 Soles de Oro

Peru's 100 Soles de Oro series ran through a period of considerable political turbulence — General Juan Velasco Alvarado seized power in October 1968, and the military government that followed pursued aggressive nationalization of foreign oil interests and agrarian reform, dramatically reshaping the economy through which these notes circulated. The Banco Central de Reserva continued issuing the series without interruption through the change in government, a mark of institutional continuity even as economic policy lurched sharply leftward.

Thomas De La Rue's involvement places this firmly in the tradition of Peruvian notes printed abroad well into the twentieth century, despite Lima having domestic printing capacity. The single security feature — a watermark — is modest for a high-denomination note of this vintage.