1 Sol

The Banco Anglo-Peruano was one of several private commercial banks operating in Peru under the liberal banking law of 1873, which permitted note issuance without requiring full specie backing. That arrangement collapsed spectacularly when the War of the Pacific broke out in 1879 — the bank suspended convertibility along with most of its peers, and the Peruvian government eventually nationalized or liquidated the private issuing banks during the early 1880s.

Notes of this series surviving from before that crisis are uncommon. The 1 Sol denomination saw the heaviest day-to-day use and suffered accordingly.