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5 Centavos Certificado de depósito de oro

Issuer Junta de Vigilancia de la Emisión de Cheques Circulares
Year 1917
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Value 5 Centavos (0.05 PEH)
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Obverse description The note is entirely typographic in layout, with the full title and authorizing legend across the top in uppercase letterpress. The face value is stated in words at center and repeated as a large bold numeral at right. The issuing authority, applicable law number, equivalent value in Libras Peruanas, and the date and place of issue are all printed in structured text fields.
Obverse lettering CERTIFICADO DE DEPOSITO DE ORO EMITIDO POR LA JUNTA DE VIGILANCIA DE LA EMISION DE CHEQUES CIRCULARES DE CONFORMIDAD CON LA LEY Nº 2429 Cinco Centavos 5 EQUIVALENTE EN LIBRAS PERUANAS 0,0,05. LIMA, 17 DE AGOSTO DE 1917 POR LA JUNTA DE VIGILANCIA
(Translation: Gold Deposit Certificate issued by the Surveillance Board of the Issuance of Circulating Checks in accordance with Law No. 2429 Five Cents 5 Equivalent in Libras Peruanas 0.0.05. Lima, August 17th, 1917 By the Surveillance Board)
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The Junta de Vigilancia de la Emisión de Cheques Circulares was a supervisory body established under Peruvian law to oversee the emergency paper currency system that arose when gold coinage effectively disappeared from circulation during the economic disruptions of the mid-1910s. These small-denomination gold deposit certificates were not banknotes in the conventional sense — they were warehouse receipts against gold held in reserve, a legal fiction that allowed fractional circulation without formally abandoning the gold standard.

The 5 centavos denomination is the lowest in the P#29 series and almost certainly saw the hardest use, which accounts for its relative scarcity in collectable condition today.