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500 Soles de Oro
| Issuer | Banco Central de Reserva del Peru |
|---|---|
| Year | 1968-1975 |
| Type | Log in to see details |
| Value | 500 Soles (500 PEH) |
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| Composition | Log in to see details |
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| Obverse description | Printed in rose-brown tones, the obverse carries an intaglio portrait of Nicolas de Pierola at right, identified by a caption below, with a central vignette of the Peruvian national coat of arms set within an elaborate guilloche underprint. To the left, a sculptural allegorical group in intaglio depicts figures in dynamic composition. The date appears vertically along the left border, with the issuer's title across the top, the denomination panel reading QUINIENTOS SOLES DE ORO at centre, and two signature lines below captioned PRESIDENTE EJECUTIVO and DIRECTOR. |
|---|---|
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| Reverse lettering | BANCO CENTRAL DE RESERVA DEL PERU QUIENIENTOS SOLES DE ORO CASA NACIONAL DE MONEDA THOMAS DE LA RUE & COMPANY, LIMITED |
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| Comments |
Thomas De La Rue printed this series for Peru across a seven-year window that encompassed significant monetary stress — by the early 1970s, inflation was accelerating sharply under the Velasco Alvarado military government, and the 500 Soles denomination, once a substantial sum, was losing purchasing power faster than new printings could be distributed. The note's longevity as a type reflects not monetary stability but the difficulty of reforming a circulating series mid-crisis.
Peru replaced the entire Sol de Oro system with the Inti in 1985, at which point surviving 500 Soles notes became obsolete overnight.