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5 Soles de Oro
| Issuer | Banco Central de Reserva del Perú |
|---|---|
| Year | 1975-1977 |
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| Composition | Log in to see details |
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| Technique | Milled |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | BANCO CENTRAL DE RESERVA DEL PERU 1977 (Translation: Central Reserve Bank of Peru 1977) |
| Reverse description | A forward-facing bust of Tupac Amaru II, the 18th-century Inca revolutionary leader, is rendered in bold relief at the centre of the field. He is depicted wearing a wide-brimmed hat with long hair falling to his shoulders and a cravat at his collar. The numeral 5 appears to the lower left of the bust, and the Lima mint mark (LM monogram) is positioned to the lower right. The legend TUPAC AMARU curves along the upper periphery, while CINCO SOLES DE ORO arcs along the lower border. |
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| Additional information |
Peru's mid-1970s coinage was minted under the military government of General Francisco Morales Bermúdez, who had seized power from fellow general Juan Velasco Alvarado in the "Tacnazo" coup of August 1975. The sol was already losing ground to inflation that would eventually destroy it entirely — by 1985, the inti replaced it at a rate of 1,000 soles to one.
These years saw the Central Reserve Bank under sustained pressure to keep small-denomination coinage in circulation despite rapidly eroding purchasing power. The 5 soles piece was effectively obsolete in real terms almost as soon as it left the mint.