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100 Soles de Oro
| Issuer | Banco Central de Reserva del Perú |
|---|---|
| Year | 1975 |
| Type | Log in to see details |
| Value | 100 Soles (100 PEH) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | EL BANCO CENTRAL DE RESERVA DEL PERÚ PAGARÁ AL PORTADOR CIEN SOLES DE ORO DE ACUERDO A SU LEY ORGÁNICA HIPOLITO UNANUE DIRECTOR PRESIDENTE GERENTE GENERAL LIMA, 2 DE OCTUBRE DE 1975 (Translation: The Central Reserve Bank of Perú will pay to the bearer one hundred Soles de Oro, accordingly to its Organic Law Hipólito Unanue Director, President, General Manager Lima, October 2nd., 1975) |
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| Protection type | Log in to see details |
| Protection description | Hipólito Unanue portrait, visible when held to light |
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| Comments |
The 100 Soles de Oro was part of a series the Banco Central de Reserva del Perú had been issuing under the Velasco Alvarado military government, which nationalized key industries and reshaped Peru's monetary policy through the early 1970s. By 1975, inflation was accelerating sharply — this denomination, already substantial in 1968, was losing ground fast against rising prices, and within a few years the entire Soles de Oro system would be overwhelmed by inflation requiring ever-larger denominations.
Thomas De La Rue's involvement with Peruvian currency stretched back decades, making this a continuation of a long commercial relationship rather than a new contract.