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50 Soles Oro
| Issuer | Casa Nacional de Moneda, Lima |
|---|---|
| Year | 1950-1970 |
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| Composition | Log in to see details |
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| Shape | Round |
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| Obverse description | The national coat of arms of Peru occupies the central field, featuring the quartered shield with a vicuna at upper left, a cinchona tree at upper right, and a cornucopia with coins at the base, surmounted by a civic wreath. The shield is flanked by palm fronds on the left and an olive branch on the right, tied with a bow at the base, with the mint name LIMA inscribed below. The circular legend reads REPUBLICA PERUANA and NUEVE DECIMOS FINO, with the weight specification PESO: GRS.23.40355 arranged around the periphery within a beaded border. |
|---|---|
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| Reverse description | A draped allegorical figure of Liberty is depicted seated facing left in the classical style, holding an upright staff topped with a plumed helmet in her raised right hand and resting her left hand upon a sunburst shield bearing the face of Sol. To her right stands a column topped with a laurel wreath, around which a scroll inscribed LIBERTAD is draped. The date appears in the exergue below a beaded inner border, and the circular legend around the periphery reads CINCUENTA SOLES ORO and GRS.21.0632 DE ORO FINO, with the engraver's initial P visible at lower left. |
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| Additional information |
Peru's 50 Soles Oro gold piece was struck continuously across two decades, but the series is not homogeneous. Output varied sharply by year, and certain dates within the 1950s were minted in quantities low enough that they command significant premiums over melt — a fact obscured by the long date range listed in most references. The coin was legal tender throughout, though in practice pieces circulated little; gold's purchasing power relative to the nominal face value made hoarding the rational choice almost immediately upon issue.
The 1969 and 1970 dates arrived just as Peru's Revolutionary Government under General Velasco Alvarado was nationalizing major industries. Gold coin production continued briefly into this period before the political climate effectively ended the series.