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50 Soles de Oro

Issuer Banco Central de Reserva del Peru
Year 1949-1959
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Composition Paper
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Obverse description Central intaglio vignette of a seated allegorical Liberty figure, holding a staff and resting beside a shield bearing the sun of Peru, with a laurel-wreathed column to her right, all within an oval guilloche border. The bank title BANCO CENTRAL DE RESERVA DEL PERU arches across the top, with the denomination numeral 50 set within large rosette guilloche panels to each side. Issue date LIMA, 13 de Mayo de 1959 appears at lower right, with three manuscript signature lines across the bottom margin bearing the titles DIRECTOR, PRESIDENTE, and GERENTE GENERAL, and the printer's imprint of Thomas De La Rue & Co. Ltd. at foot centre.
Obverse lettering EL BANCO CENTRAL DE RESERVA DEL PERU PAGARA AL PORTADOR CINCUENTA SOLES DE ORO DE ACUERDO CON LA LEY No 10535 LIMA 13 de Mayo de 1959 DIRECTOR PRESIDENTE GERENTE GENERAL
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Comments

Thomas De La Rue held the Peruvian printing contract through much of the mid-twentieth century, and this series reflects that relationship — a stable, long-running issue produced across a full decade without major design revision. The Banco Central de Reserva had been restructured in 1931 under American monetary advisor Edwin Kemmerer, whose reform programs swept through several South American central banks in sequence, and the conservative note designs of the following decades mirror that institutional caution.

Date variants within the P#72 series span 1949 through 1959, making precise year identification important for cataloging. Later dates in the run tend to be more worn, reflecting heavier commercial use as the Peruvian economy expanded through the 1950s.

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