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50 Soles de Oro

Issuer Banco Central de Reserva del Perú
Year 1933-1939
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Value 50 Soles (50 PEH)
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Obverse lettering BANCO CENTRAL DE RESERVA DEL PERÚ PAGARÁ AL PORTADOR 50 LIMA, 31 de Marzo de 1933 CINCUENTA SOLES DE ORO DE ACUERDO A LA LEY Nº 7137
(Translation: Central Reserve Bank of Perú Will pay to the bearer 50 Lima, March 31st., 1933 Fifty Soles de Oro (Golden Suns) Accordingly to law# 7137)
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Reverse lettering BANCO CENTRAL DE RESERVA DEL PERÚ 50 50 CINCUENTA SOLES DE ORO
(Translation: Central Reserve Bank of Perú 50 50 Fifty Soles de Oro (Golden Suns))
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Comments

The Banco Central de Reserva del Perú was itself a recent creation when this series began — founded in 1931 out of the wreckage of the Leguía government's financial collapse and the broader shock of the Depression. The bank replaced the older Banco de Reserva del Perú and inherited the task of stabilizing a currency that had been severed from gold convertibility almost immediately after the new institution opened.

ABNC's work for Peruvian issues in this period is consistently well-executed at the intaglio level. The 50 Soles denomination sat at the upper end of practical circulation for the period — large enough that most examples showing genuine wear passed through commercial rather than retail hands.

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