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500 Soles de Oro
| Issuer | Banco Central de Reserva del Peru |
|---|---|
| Year | 1956-1961 |
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| Composition | Log in to see details |
| Size | 180 × 80 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DE RESERVA DEL PERU PAGARÁ AL PORTADOR QUINIENTOS SOLES DE ORO DE ACUERDO CON LA LEY Nº 10535 LIMA, 22 de Marzo de 1956 (Translation: Central Reserve Bank of Peru will pay to the bearer Five hundred Soles de Oro in accordance with Law No. 10535, Lima, March 22nd, 1956) |
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| Reverse lettering | BANCO CENTRAL DE RESERVA DEL PERÚ QUINIENTOS SOLES DE ORO (Translation: Central Reserve Bank of Peru Five hundred Soles de Oro) |
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| Comments |
Thomas De La Rue held the Peruvian banknote contract through much of the mid-twentieth century, and this series reflects that relationship clearly — high-quality intaglio work from a printer whose Peruvian output of the period is generally well-regarded technically. The 500 Soles de Oro was the highest denomination in circulation for most of this issue window, a period when Peru's export economy was generating enough foreign exchange to keep the sol reasonably stable.
Inflation pressures mounted steadily through the late 1950s, and the denomination's purchasing power eroded considerably before the series was retired. Notes that actually circulated at the 500-sol level show heavy wear as a result.