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½ Libra Peruana de Oro
| Issuer | Revolutionary Government of Peru |
|---|---|
| Year | 1921 |
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| Shape | Rectangular |
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| Obverse description | Dark blue-black printed cheque provisional on pale paper with intricate guilloche border patterns in each corner. A central circular vignette contains a portrait bust, flanked on either side by ornate rosette medallions. The legend 'MEDIA LIBRA' appears at left and 'PERUANA DE ORO' at right in bold letterpress, with inscriptions referencing circulation by state guarantee, date of 16 October 1921 at Iquitos, serial number, and manuscript signatures below. |
|---|---|
| Obverse lettering | CHEQUE PROVISIONAL DE CIRCULACION FORZOSA EMITIDO CON LA GARANTIA DE LA DEUDA DEL ESTADO RENTAS FISCALES Y DEMAS ELEMENTOS IQUITOS 1° DE OCTUBRE 1921 MEDIA LIBRA PERUANA DE ORO Nº SÉRIE CAP. JEFE POLITICO Y MILITAR ABONO DE LA ADUANA |
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| Comments |
The Peruana de Oro fractional issues of the early 1920s emerged from a period of monetary fragmentation in Peru, when the gold libra — pegged to the British sovereign — coexisted awkwardly with depreciating sol-denominated paper. The ½ libra denomination was something of an oddity: too large for petty transactions, too small to function comfortably alongside the full libra in commercial settlements.
The "Revolutionary Government" attribution on P#605 places this note within the brief administration following the 1919 coup that brought Augusto Leguía to power — technically unconstitutional, hence the issuing authority designation rather than a standard republican title.