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2 Soles

Issuer Banco de Londres Mexico y Sud America
Year 1866
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Composition Cotton paper
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Obverse description Black intaglio print on white paper with orange guilloche underprint carrying the denomination numeral '2' at each upper corner. The upper centre bears a horizontal vignette of a combined pastoral and maritime scene, framed within a central oval by a female allegorical portrait, flanked below left by a vignette of a young girl and below right by a rural two-figure vignette; the bank title 'BANCO DE LONDRES MEXICO Y SUD AMERICA' arches across the top, with 'DOS SOLES' in bold letterpress at centre and the place of issue 'LIMA' overprinted in red.
Obverse lettering BANCO DE LONDRES MEXICO
Y SUD AMERICA
DOS SOLES
Pagará al portador á la vista en efectivo
LIMA
FOR THE LONDON BANK OF MEXICO & SOUTH AMERICA LIMITED
GERENTE
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Comments

The Banco de Londres México y Sud América was a British-owned institution operating under Mexican charter, but its Peruvian branch — active in Lima from the 1860s — issued notes denominated in soles for local circulation. This 2 Soles note dates from the earliest years of that operation, predating Peru's catastrophic War of the Pacific by over a decade. The American Bank Note Company printed for a remarkable range of Latin American clients during this period, and the quality of their intaglio work was frequently cited by issuing banks as a deterrent to forgery in markets where counterfeit detection was difficult.

The Sol had only been established as Peru's national currency unit in 1863, making this among the earliest private bank issues in that denomination.

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