1 Sol

Banco La Providencia was one of several private commercial banks chartered in Peru during the brief liberal banking experiment of the late 1860s, before the state moved to consolidate and ultimately nationalize monetary functions following the fiscal catastrophe of the War of the Pacific. The American Bank Note Company produced this series in New York — a standard arrangement for Peruvian private banks of the period, which lacked domestic printing infrastructure capable of the intaglio security work required.

The S227 designation places it firmly in the private issuer category, never part of any government emission. Banco La Providencia itself had a short institutional life, and surviving notes from this series are correspondingly scarce.