Catalog
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| Issuer | Junta de Vigilancia de la Emisión de Cheques Circulares |
|---|---|
| Year | 1917 |
| Type | Standard circulation banknote |
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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 | Log in to see details |
| Reverse description | A central vignette shows a radiant sun with a human face, a recurring symbol of Peruvian identity. The denomination in words is inscribed above and below the vignette, while text flanking the central image states the convertibility terms, specifying redemption in sealed gold coin at the offices of the Junta de Vigilancia at the rate of 200 certificates per Libra Peruana. |
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| Comments |
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.