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| 表面の説明 | The obverse centres on a large oval handstamp reading VALE POR / CINCUENTA SOLES / 1881 / EMISION FISCAL, applied over a printed field organised with decorative lathe-work guilloche panels incorporating the legends INCAS and CINCO at upper left and upper right respectively. An oval cartouche at left bears the vertical inscription LEGITIMO within ornamental framing. Two manuscript signatures occupy the lower portion, with handwritten designations for the Secretario de Hacienda y Comercio at left and El Presidente de la Junta Fiscal at right. |
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| 表面の銘文 | LEGITIMO VALE POR CINCUENTA SOLES 1881 EMISION FISCAL CINCO INCAS Secretario de Hacienda y Comercio El Presidente de la Junta Fiscal |
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The Emisión Fiscal series was a wartime fiscal measure pushed through during the War of the Pacific, with Chilean forces occupying Lima by the time many of these notes actually entered circulation. Peru's banking system had effectively collapsed, and the government — operating from wherever it could — resorted to treasury-issued paper to meet obligations it had no silver to cover.
The 50 Soles is among the higher denominations in this emergency series, which makes surviving examples rarer than the smaller face values. Fiscal emissions of this type were frequently repudiated or heavily discounted by holders who had little confidence they would ever be redeemed at par.