5 Soles

The Banco de Londres México y Sud América was the first chartered bank in Peru, established in 1863 as a branch of a British-owned institution operating across Latin America. Its early note issues, including this 1870 series, were produced by the American Bank Note Company in New York — the dominant supplier of security printing to South American banks throughout the latter half of the nineteenth century.

The bank's Peruvian operations collapsed during the War of the Pacific (1879–1884), when Chilean occupation forces disrupted commerce and the Peruvian financial system fractured beyond recovery. Notes from the pre-war period survived in very limited numbers.