50 Centavos

The Banco de Trujillo was one of several regional private banks chartered under Peru's 1873 banking law, which allowed provincial institutions to issue their own currency. Trujillo, on the northern coast, was far enough from Lima that local notes filled a genuine commercial gap — the national coinage supply was chronically inadequate in the provinces throughout the 1870s.

ABNC produced the plates in New York, as they did for most Peruvian private bank issues of this period. The bank did not survive the War of the Pacific; by 1881, Chilean occupation and the collapse of Peruvian credit had effectively ended all private note-issuing activity in the country. Survivors of this series are scarce precisely because the issuing institution ceased operations so abruptly.