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50 Soles

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.