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50 Soles de Oro
| Issuer | Banco Central de Reserva del Perú |
|---|---|
| Year | 1965 |
| Type | Standard circulation banknote |
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| Obverse description | The central vignette carries an allegorical figure of Liberty, rendered in intaglio, with the denomination numeral "50" repeated in all four corners and to either side of the vignette. The issuer's name is set in letterpress along the upper margin, while the denomination in full words appears below the central device. The date "20 de Agosto de 1965" and reference to Law No. 13958 are inscribed in the lower portion of the note. |
|---|---|
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| Reverse lettering | BANCO CENTRAL DE RESERVA DEL PERU 50 50 CINCUENTA SOLES DE ORO (Translation: Central Reserve Bank of Peru 50 50 Fifty Soles de Oro) |
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| Comments |
The American Bank Note Company held the Peruvian contract through much of the mid-twentieth century, and this 1965 issue falls within a long unbroken run of ABNC-printed Soles de Oro notes for the Banco Central de Reserva. By the mid-1960s, Peru was managing steady inflationary pressure tied to balance-of-payments deficits and heavy public spending under Belaúnde Terry's first administration — the 50 Soles denomination was a practical workhorse note in that environment.
P#89 belongs to a series that would be superseded relatively quickly as inflation accelerated toward the end of the decade, pushing higher denominations into everyday use and relegating 50 Soles to marginal purchasing power by the early 1970s.