Catalog
| Issuer | Banco del Valle de Chicama |
|---|---|
| Year | 1873 |
| Type | Standard circulation banknote |
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| Obverse description | Light blue note with the bank title EL BANCO DEL VALLE DE CHICAMA in large lettering across the top, flanked by the numeral 50 on each side. A central vignette of a horse stands above the place name ASCOPE, with two circular side vignettes: at left, an agricultural scene with oxen and farmland; at right, a steam locomotive in motion. The text PAGARÁ A LA VISTA AL PORTADOR / CINCUENTA SOLES appears in cursive and bold letterpress below the central vignette, with signature lines for two Directors at the foot of the note. |
|---|---|
| Obverse lettering | EL BANCO DEL VALLE DE CHICAMA 50 ASCOPE PAGARÁ A LA VISTA AL PORTADOR CINCUENTA SOLES Y EN MONEDA CORRIENTE DIRECTOR DIRECTOR |
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| Comments |
The Banco del Valle de Chicama was one of several Peruvian provincial banks chartered under the 1872 banking law that briefly liberalized note-issuing rights beyond Lima. Chicama, a sugar-producing valley north of Trujillo, had the agricultural wealth to support a regional bank — the local sugar barons essentially backed its capital. The bank's life was short; the War of the Pacific and Peru's subsequent financial collapse in the early 1880s wiped out most provincial note-issuing institutions entirely.
ABNC production for a regional Peruvian bank of this vintage is not unusual, but surviving high-denomination issues from institutions this short-lived are genuinely rare. Most were redeemed, destroyed, or lost during the war years.