Catalog
8 Soles
| Issuer | El Banco La Providencia |
|---|---|
| Year | 1869 |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | EL BANCO LA PROVIDENCIA OCHO OCHO SOLES LIMA Pagará a la vista al portador en moneda corriente |
| 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.