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100 Soles de Oro Overprinted on P#55

Issuer Banco Central de Reserva del Perú
Year 1935
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Value 100 Soles (100 PEH)
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Obverse lettering LIMA, 11 DE AGOSTO DE 1926. BANCO DE RESERVA DEL PERU PAGARÁ AL PORTADOR 10 DIEZ LIBRAS PERUANAS DE ORO DE ACUERDO CON LAS DISPOSICIONES DE LA LEY Nº 4500.
(Translation: Lima, August 11th., 1926. Reserve Bank of Peru Will pay the bearer Ten Libras Peruanas de Oro in accordance with the provisions of Law# 4500.)
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Reverse lettering BANCO DE RESERVA DEL PERU 10 DIEZ LIBRAS PERUANAS DE ORO Banco Central de Reserva del Perú Cien Soles Oro
(Translation: Reserve Bank of Peru Ten Libras Peruanas de Oro Central Reserve Bank of Peru One Hundred Soles Oro)
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Comments

P#63 is a transitional issue — ABNC-printed 100 Soles plates originally produced for the P#55 series were overprinted to create a new denomination presentation without commissioning an entirely new printing contract. Peru's Banco Central de Reserva was still a young institution in 1935, having been established only in 1922, and managing printing costs against a constrained foreign exchange budget was a recurring practical concern.

The overprint approach was not unusual for Latin American central banks of the period, but it does create attribution headaches: the underlying plate design predates the P#63 designation, so date-of-print and date-of-issue can diverge significantly on individual examples.

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