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Un Characato de Oro
| Issuer | Peru |
|---|---|
| Year | |
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| Composition | Log in to see details |
| Weight | 15.64 g |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | UN CHARACATO DE ORO |
| Reverse description | The reverse bears the circular legend BANCO CENTRAL DE RESERVA DE LA REPUBLICA INDEPENDIENTE DE AREQUIPA in raised Latin lettering, invoking the fictional or satirical identity of an independent Republic of Arequipa. The inscription occupies the full legend band of the reverse field, serving as the sole design element of this fantasy issue. |
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| Additional information |
The "Characato" designation traces to the agricultural villages surrounding Arequipa, whose inhabitants — known as characatos — became emblematic of southern Peruvian regional identity. This gold piece was struck as part of Peru's mid-nineteenth century effort to assert monetary credibility during chronic fiscal instability following independence, when successive governments struggled to maintain convertible currency against a backdrop of foreign debt and internal conflict.
Arequipa's mint, though shorter-lived than Lima's, produced distinctive coinage tied closely to the silver and gold outputs of the southern Andean mining economy.