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10 Soles de Oro

Issuer Banco Central de Reserva del Peru
Year 1969-1974
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Value 10 Soles (10 PEH)
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Obverse description Portrait of Garcilaso Inca de la Vega at center-left, with a crucifix vignette at right and an architectural building at left; Peru's Coat of Arms appears at center. The design is executed in intaglio with fine guilloche underprint work framing the composition.
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Variants P#100a - 20.06.1969
P#100b - 16.10.1970
P#100c - 04.05.1972
Comments

The P#100 series ran through one of Peru's more turbulent stretches of institutional instability — General Velasco Alvarado's military government, which seized power in October 1968, was nationalizing industries and rewriting economic policy throughout the period this note was in active production. Thomas De La Rue continued supplying Peru's central bank through all of it, an arrangement that had been in place since the mid-twentieth century and proved remarkably durable regardless of who held power in Lima.

The soles de oro denomination system itself was abolished in 1985 when hyperinflationary pressure forced Peru to introduce the inti at a conversion rate of 1,000 soles to one inti.

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