10 Soles de Oro

Giesecke & Devrient's Leipzig facility printed Peruvian currency through much of the mid-twentieth century, a relationship that predated the Second World War and resumed afterward as the firm rebuilt its operations in East Germany. By 1956, the arrangement was well-established, though printing in Leipzig meant production was technically occurring behind the Iron Curtain — an arrangement few Latin American central banks advertised publicly.

The Sol de Oro had replaced the earlier Sol at par in 1931 following the monetary disruption of the Depression years. P#77 falls within a series that would remain in circulation well into the 1960s before inflationary pressure began compressing the lower denominations into irrelevance.