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50 Soles de Oro

Issuer Banco Central de Reserva del Perú
Year 1979-1983
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Currency Sol (1863-1985)
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Obverse script Latin
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Mintage 1979 - - 1,323,000
1980 - - 452,573,000
1981 - - 19,923,000
1982 - without mintmark -
1982 LIMA - with mintmark - 18,471,000
1983 - - 8,175,000
Additional information

Peru's sol had been inflating steadily through the late 1970s, but the early 1980s brought a sharper deterioration that quickly rendered 50-sol coins nearly worthless in daily transactions. The government's response was to keep issuing them while simultaneously planning a full currency replacement — the inti, introduced in 1985, arrived at a conversion rate of 1,000 soles to 1 inti, a ratio that says everything about what happened to purchasing power during this coin's production window.

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