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500 Soles de Oro Miguel Grau
| Issuer | Banco Central de Reserva del Peru |
|---|---|
| Year | 1984 |
| Type | Commemorative circulation coin |
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| Reverse description | A bold three-quarter right-facing bust of Grand Admiral Miguel Grau fills the central field, depicted in military uniform with a bow tie and characteristic beard and mustache. The curved legend 'GRAN ALMIRANTE MIGUEL GRAU' arcs around the upper periphery. The commemorative dates '1834-1984' are inscribed along the lower field, flanked by dashes, marking the 150th anniversary of Grau's birth. |
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| Reverse lettering | GRAN ALMIRANTE MIGUEL GRAU - 1834-1984 - |
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| Additional information |
Miguel Grau Seminario, the Peruvian naval commander commemorated here, died aboard the monitor Huáscar at the Battle of Angamos in October 1879, during the War of the Pacific against Chile. By 1984, Peru's economy was deteriorating sharply under the weight of external debt and inflation that would soon spiral into one of the worst hyperinflationary episodes in Latin American history — within five years, the Sol de Oro itself would be abolished and replaced by the Inti at a ratio of 1,000 to one.