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5 Soles

Issuer Banco de Piura
Year 1874-1878
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Value 5 Soles
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Obverse description The obverse is dominated by the bold central vignette bearing the black-on-guilloche panel inscription CINCO SOLES, flanked on either side by large numeral 5 medallions. The upper portion carries the issuer title EL BANCO DE PIURA in bold letterpress above a cursive promise-to-pay legend. Two allegorical female figures appear in intaglio at the lower left and lower right corners, with a red guilloche underprint covering the full face. Serial numbers appear in black at lower left and right, and the imprint of Giesecke & Devrient, Leipzig is present at the foot of the note.
Obverse lettering EL BANCO DE PIURA
CINCO SOLES
en moneda corriente
DIRECTOR DE TURNO
DIRECTORES GERENTES
GIESECKE & DEVRIENT LEIPZIG EN ALEMANIA FABRICANTES
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Comments

The Banco de Piura was one of several provincial Peruvian banks authorized under the 1873 banking law, which briefly liberalized note-issuing rights beyond Lima. Giesecke & Devrient in Leipzig handled a significant share of South American bank note production during this period, and the Piura commission was typical of that regional business — a provincial issuer with limited capitalization ordering small print runs from a European security printer.

Piura's notes circulated in the country's far north, a region economically tied to cotton and sugar exports. The bank did not survive long past the War of the Pacific, which devastated Peru's financial system after 1879.