5 Libras Peruanas de Oro Iquitos Revolutionary Government

The Federal State of Loreto's 1921 issue came out of a genuine secessionist moment. The Loreto regionalist movement, frustrated with Lima's chronic neglect of Amazonian infrastructure and commerce, briefly declared a federal state and issued its own currency. The printer, El Oriente, was a local Iquitos newspaper — not a security printer by any definition — which explains the crude typography and variable impression quality typical of this series.

Loreto's geographic isolation made outside printing impossible on short notice, so the revolutionary government worked with what was available on the ground.