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1000 Soles de Oro

Issuer Banco Central de Reserva del Perú
Year 1968
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Composition Paper
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Obverse description Red and yellow intaglio print over a fine guilloche underprint, with the central Coat of Arms of Peru flanked by two portrait vignettes: Admiral Miguel Grau at left, facing right, and Colonel Francisco Bolognesi at right, facing left. Three signature lines below the arms correspond to the Director, President, and General Manager of the issuing bank. Denomination, bank title, and statutory inscription are printed in the surrounding margins.
Obverse lettering EL BANCO CENTRAL DE RESERVA DEL PERU PAGARA AL PORTADOR MIGUEL GRAU FRANCISCO BOLOGNESI 1000 SOLES DE ORO DE ACUERDO CON LA LEY No. 13958 LIMA, 29 DE FEBRERO DE 1968
(Translation: THE CENTRAL RESERVE BANK OF PERU WILL PAY TO THE BEARER MIGUEL GRAU FRANCISCO BOLOGNESI DIRECTOR PRESIDENT GENERAL MANAGER 1000 SOLES OF GOLD IN ACCORDANCE WITH LAW No. 13958 LIMA, FEBRUARY 29, 1968)
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Comments

By 1968, Peru's sol had been losing ground to inflation for years, and the 1000-sol denomination — once reserved for large commercial transactions — was becoming a practical necessity for everyday banking. The Banco Central de Reserva had been issuing notes through Thomas De La Rue since the 1950s, a relationship that gave this series consistent intaglio quality but also a certain remove from Peruvian production capacity.

This note predates the 1969 military government's reissues under Velasco Alvarado, which modified certain series markings. P#98 examples dated 1968 are worth distinguishing carefully from the later printings.