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1 Inti de Plata 450th Arequipa
| Issuer | Peru |
|---|---|
| Year | 1989 |
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| Composition | Log in to see details |
| Weight | 33.625 g |
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| Obverse description | At center, the heraldic shield of the city of Arequipa, depicted in high relief with a knight's helmet surmounting a quartered escutcheon bearing foliage and natural elements. A circular legend surrounds the shield in the field, reading '450 ANIVERSARIO DE LA FUNDACION ESPAÑOLA' along the upper arc and '1540 AREQUIPA 1990' along the lower arc, all in Latin script. |
|---|---|
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| Obverse lettering | 450 ANIVERSARIO DE LA FUNDACION ESPAÑOLA 1540 AREQUIPA 1990 |
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| Additional information |
Arequipa's 450th anniversary fell in 1989, marking the city's founding by Garcí Manuel de Carbajal on August 15, 1540 — though the Spanish crown didn't grant it official city status until 1541. The Inti itself was a short-lived currency, introduced in 1985 to replace the sol at a rate of 1,000 to one, already an acknowledgment of Peru's accelerating inflation. By 1989, the year this piece was struck, annual inflation had crossed 3,000 percent, making a silver commemorative coin a peculiar artifact — an object of real metallic value issued by a state whose paper currency was evaporating in real time.