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50 000 Soles de Oro

Issuer Banco Central de Reserva del Peru
Year 1981-1985
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Reference(s) P#125
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Reverse lettering BANCO CENTRAL DE RESERVA DEL PERÚ
CINCUENTA MIL SOLES DE ORO
AMERICAN BANK NOTE COMPANY
(Translation: Central Reserve Bank of Peru / Fifty Thousand Soles de Oro)
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Protection type Watermark
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Comments

Peru's inflationary spiral through the early 1980s made the 50,000 Soles de Oro a high-denomination note almost as soon as it was issued — within a few years it could barely purchase a meal. The series was eventually swept aside when the Inti replaced the Sol de Oro in February 1985 at a rate of 1,000 to one, instantly rendering the entire denomination trivial in face value terms.

Two distinct printers handled this type: American Bank Note Company and De La Rue, producing variants that can differ in subtle plate and paper characteristics. The dual-source printing arrangement was a practical hedge against supply bottlenecks as demand for high-denomination notes accelerated faster than any single printer could manage.

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