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5 Libras Peruanas de Oro

Issuer Banco de Reserva del Peru
Year 1922-1926
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Printer American Bank Note Company, New York, United States
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Obverse description Black intaglio on blue guilloche underprint. A pastoral vignette at right depicts a young shepherdess cradling a lamb, with sheep grazing at her side. A large ornate numeral '5' occupies the central guilloche panel, flanked by secondary denomination counters in each corner, with the bank title and promise-to-pay legend across the top and the denomination in bold lettering along the lower centre.
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Reverse lettering BANCO DE RESERVA DEL PERU 5 CINCO LIBRAS PERUANAS DE ORO
(Translation: Reserve Bank of Peru Five Libras Peruanas de Oro)
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Comments

The Banco de Reserva del Peru was established in 1922 — the same year this series was introduced — making these among the earliest notes issued under Peru's first central bank. The institution replaced a chaotic system of commercial bank circulation that had destabilized Peruvian monetary policy for decades, and the libra peruana de oro was pegged to the British pound sterling at par, a deliberate signal of fiscal credibility aimed at foreign creditors.

ABNC produced the plates in New York; the watermark paper was sourced separately, as was standard for the company's Latin American contracts of the period. The series was superseded when Peru abandoned the libra entirely in 1931 and adopted the sol de oro.

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