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20 Soles

Issuer República del Perú
Year 1879
Type Standard circulation banknote
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Obverse lettering LA REPÚBLICA DEL PERÚ
PAGARÁ AL PORTADOR
VEINTE SOLES
CONFORME A LO LEYES DE 22 DE ENERO
POR LA JUNTA DE VIGILANCIA DE
DISPUESTA EN LAS LEYES DE 1 DE FEBRERO DE 1879
ADMINISTRADORA LA EMISIÓN FISCAL
LIMA JUNIO 30 DE 1879
AMERICAN BANK NOTE CO. N.Y.
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Reverse lettering REPÚBLICA DEL PERÚ
VEINTE SOLES
20
XX
AMERICAN BANK NOTE COMPANY, NEW YORK
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Comments

Peru's 1879 issue arrived at the worst possible moment — the country entered the War of the Pacific against Chile and Bolivia that same year, and the financial strain of that conflict would eventually collapse the sol entirely. The American Bank Note Company had been supplying Peruvian currency since the early 1870s, and this note belongs to a short-lived series whose circulation was overtaken by emergency fiscal paper and, ultimately, military defeat.

By 1881, Chilean forces occupied Lima. Much of the currency infrastructure was disrupted, and redemption of pre-war notes became effectively impossible for most holders.