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5 Soles de Oro Overprinted on P#52
| Issuer | Banco Central de Reserva del Peru |
|---|---|
| Year | 1935 |
| Type | Standard circulation banknote |
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| Obverse description | Dark brown on multicolour guilloche underprint. A central oval vignette contains an intaglio portrait of a female allegorical figure representing Liberty, shown in three-quarter profile with a laurel wreath crown. The denomination 1/2 appears in large numerals at left and right within elaborate scroll-work borders, with the bank title arched across the top and the date and series notation at lower left. The printer's imprint of the American Bank Note Company appears at the bottom centre. |
|---|---|
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| Reverse description | Green intaglio print. A central vignette illustrates a scene of oil industry workers at labour, rendered in fine line engraving. A black letterpress overprint applies the new denomination and issuing authority of the Banco Central de Reserva del Peru, converting the original Media Libra Peruana de Oro note to a value of Cinco Soles Oro. |
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| Comments |
Pick 60 is a transitional note — the Banco Central de Reserva del Peru applied a new denomination overprint to existing Pick 52 stock rather than commissioning a fresh print run from the American Bank Note Company. This kind of overprint solution was common when exchange rate adjustments or denomination restructuring outpaced the lead time for new plates. The Sol de Oro had replaced the old Libra Peruana only in 1931, and the system was still settling into practical use four years later.
Overprinted notes from this period are meaningfully scarcer than their base-issue counterparts, since surviving stock was often limited and the overprint process itself introduced additional rejection rates.