5 Soles De Oro

The P#70 series was issued during a period of relative monetary stability under the Odría government, when the sol de oro was still holding reasonable purchasing power before the inflationary pressures of the late 1950s took hold. Thomas De La Rue's involvement in Peruvian currency production was long-standing by this point — the relationship stretched back decades, and London-printed notes were the norm for the republic's higher-quality issues throughout the mid-century.

The watermark security on this series is modest by De La Rue's own standards of the period, reflecting the note's low face value rather than any lapse in production.