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.
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.