Catalog
8 Soles
| Issuer | El Banco La Providencia |
|---|---|
| Year | 1869 |
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| Value | 8 Soles |
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| Composition | Log in to see details |
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| Obverse description | The obverse carries the bank title EL BANCO LA PROVIDENCIA across the upper portion, with the word OCHO in large letters at left. A central vignette presents a tall-masted sailing ship at sea, flanked on the left by a classical female allegorical figure and on the right by a smaller vignette with floral or foliate ornamentation. The denomination OCHO SOLES and the place of issue LIMA appear in bold lettering within the central text panel, with handwritten manuscript text indicating the promise to pay the bearer on demand. |
|---|---|
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| Reverse description | No second image provided; reverse description unavailable. |
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| Comments |
El Banco La Providencia was one of several private commercial banks chartered in Peru during the late 1860s credit expansion, a period when the government was liberalizing banking law and Lima's merchant class was moving aggressively into note-issuing institutions. The bank itself had a short operational life — Peruvian private banking collapsed badly in the 1870s, accelerated by the fiscal strain preceding the War of the Pacific, and most of these early provincial and Lima-based issuers were either absorbed or simply ceased operations.
The 8 Soles denomination is an odd choice, and that alone makes this note worth attention.