Catalog
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| Issuer | Banco Central de Reserva del Peru |
|---|---|
| Year | 1969 |
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| Shape | Round |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse lettering | 5 CINCO SOLES DE ORO (Translation: Five Gold Sols) |
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| Additional information |
Peru's 1969 coinage was produced under the military government of General Juan Velasco Alvarado, who had seized power in a coup just the previous October. Velasco's regime moved quickly to reshape national economic institutions, and the Banco Central de Reserva operated under considerable political pressure throughout this period.
The copper-nickel 5 Soles de Oro type ran from 1969 through 1975, after which rampant inflation rendered small-denomination coins effectively worthless in daily commerce. By the early 1980s, the entire Sol de Oro system was abandoned in favor of the Inti.