2 Soles

The Banco Garantizador was one of several private commercial banks granted note-issuing privileges under Peru's 1873 banking law — a liberalization that proved catastrophically mistimed. By 1876, when this note was issued, Peru was already sliding toward the fiscal collapse that the War of the Pacific would later complete. The bank itself did not survive the decade.

Printed locally in Lima rather than abroad, which was uncommon for Peruvian private bank issues of the period — most contemporaries contracted with European or North American firms for their security printing.