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50 Soles de Oro Overprinted on P#54
| Issuer | Banco Central de Reserva del Peru |
|---|---|
| Year | 1935 |
| Type | Log in to see details |
| Value | 50 Soles (50 PEH) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Blue guilloche underprint with a central vignette of two allegorical figures. A red overprint applied by the Banco Central de Reserva del Peru carries the new denomination 'Cincuenta Soles Oro' and the issuing bank's name, replacing the original Libras Peruanas de Oro denomination of the underlying note. |
| Reverse lettering | Log in to see details |
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| Protection type | Log in to see details |
| Protection description | No watermark. |
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| Comments |
Pick 62 is a product of Peru's early 1930s fiscal turbulence — specifically the gap between when the Banco Central de Reserva needed higher-denomination notes in circulation and when new plates could be prepared and delivered from ABNC in New York. Rather than wait, existing 50 Soles stock from the Pick 54 series was overprinted to alter its authorization or series designation, a stopgap common enough in Latin American banking of the period but rarely pretty in execution.
The overprint itself is the collecting point here. Alignment and ink saturation vary considerably across surviving examples, a known characteristic of the series.