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5 soles 1947

America › South America › Peru
P-66A1947Banco Central de Reserva del PeruVF
5 soles 1947 from Peru, P-66A (1947) — image 1
5 soles 1947 from Peru, P-66A (1947) — image 2

Market Prices

8 sales
Catalogue (2016)
VG$3
VF$8
UNC$25
F$102022-01-06(1 bid)
VF$15.72020-02-22(9 bids)
F$7.122017-04-25(9 bids)
VF$13.622017-04-25(14 bids)
VG$5.52017-01-17(8 bids)
F$52016-04-10(8 bids)
VG$112015-10-11(8 bids)
F$10.512012-05-29(2 bids)

About This Note

This is a VF-graded 1947 Peruvian 5 Soles de Oro from the Banco Central de Reserva del Peru, Pick P-66A. The note features an elegant classical design with a Liberty portrait in profile on the obverse and mining workers depicted on the reverse, both rendered in the fine engraved style characteristic of American Bank Note Company productions. The note exhibits age-appropriate patina and creasing consistent with careful handling, with no major damage, representing a well-preserved example of mid-20th century Peruvian currency.

Rarity

Common. The eBay market data shows this note type selling regularly in the $5-$15 range across multiple grades (F, VF, VG) from 2012-2022, with the 2016 catalog value for VF grade at $8. The regular auction activity with multiple sales over a decade, combined with affordable price points, indicates substantial circulation and survival of these notes. While the 1947 date is a later variant within the P-66 series (which includes earlier dates 1933-1939), the note shows no characteristics suggesting limited production or rarity.

Historical Context

Issued in 1947 under Law No. 7137, this banknote reflects Peru's economic transition in the post-WWII period and the nation's emphasis on industrial development and resource extraction. The reverse vignette depicting mine workers represents Peru's important mining sector, while the Liberty portrait on the obverse reflects broader hemispheric iconographic traditions of the era. The note's design was produced by the American Bank Note Company, reflecting the common practice of South American nations commissioning currency design and printing from established U.S. security printers during this period.

Design

The obverse features an allegorical portrait of Liberty (Libertad) in classical style, shown in left profile wearing a laurel wreath, symbolizing freedom and prosperity. She is surrounded by ornate engraved scrollwork, decorative cartouches, and multiple instances of the denomination numeral 5 in elaborate frames. The reverse depicts an industrial labor scene with two mine workers in a mountainous or tunnel setting, rendered in green ink with the same classical ornamental borders and corner cartouches. Both sides demonstrate the high-quality intaglio engraving work typical of American Bank Note Company productions, with fine line work, complex background patterns, and multiple security elements throughout the design. The color scheme employs black and multicolor underprint on the obverse and green on the reverse.

Inscriptions

FRONT SIDE: 'BANCO CENTRAL DE RESERVA DEL PERÚ' (Central Reserve Bank of Peru) | 'PAGARÁ AL PORTADOR' (Will pay to bearer) | 'CINCO SOLES DE ORO' (Five soles of gold) | 'DE ACUERDO CON LA LEY Nº 7137' (In accordance with Law No. 7137) | 'LIMA, 17 DE OCTUBRE DE 1947' (Lima, October 17, 1947) | 'DIRECTOR' (Director) | 'PRESIDENTE' (President) | 'GERENTE GENERAL' (General Manager) | 'American Bank Note Company' | Series: D29 | Serial Number: 347672. REVERSE SIDE: 'BANCO CENTRAL DE RESERVA' (Central Reserve Bank) | 'CINCO SOLES DE ORO' (Five soles of gold) | 'AMERICAN BANK NOTE COMPANY'.

Printing Technique

Intaglio engraving (recess printing) executed by American Bank Note Company, New York. The visual analysis confirms the characteristic fine line work, intricate detail, and depth achieved through this traditional security printing method. Multiple colored security elements and fine background patterns are consistent with steel plate engraving techniques. The precision of the portrait work and decorative borders reflects the high standards of ABNC's currency production.

Varieties

This note is catalogued as Pick P-66A, a variant designation within the broader P-66 series. The visual analysis confirms the specific 1947 date (October 17, 1947 per the Lima dateline), distinguishing it from earlier variants bearing dates 1933, 6.3.1936, 5.8.1938, and 8.9.1939. The series designation D29 visible on this note may indicate a specific print run or release batch. PMG recognizes P-66A as a distinct variant from P-66 and P-66s within the same base Pick number, though the precise differentiating characteristics would require direct comparison with catalog standards.