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500 Soles de Oro

Issuer Banco Central de Reserva del Peru
Year 1968-1975
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Size 157 x 67 mm
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Obverse lettering EL BANCO CENTRAL DE RESERVA DEL PERU
PAGARA AL PORTADOR
QUIENIENTOS SOLES DE ORO
DE ACUERDO CON SU LEY ORGANICA
NICOLAS DE PIEROLA
PRESIDENTE EJECUTIVO
DIRECTOR
LIMA, 20 DE JUNIO DE 1969
THOMAS DE LA RUE & COMPANY, LIMITED
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Protection type Watermark
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Comments

Thomas De La Rue printed this series for Peru across a seven-year window that encompassed significant monetary stress — by the early 1970s, inflation was accelerating sharply under the Velasco Alvarado military government, and the 500 Soles denomination, once a substantial sum, was losing purchasing power faster than new printings could be distributed. The note's longevity as a type reflects not monetary stability but the difficulty of reforming a circulating series mid-crisis.

Peru replaced the entire Sol de Oro system with the Inti in 1985, at which point surviving 500 Soles notes became obsolete overnight.

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