Peru, 1879 20 Soles, Republica del Peru, Pick# 7a, Bank Note. For Sale

FOR SALE IS A
Peru, 1879 20 Soles, Republica del Peru, Pick# 7a, Bank Note, PMG 30 VERY FINE.Only a handful of this exact note have been graded.Do check my summary picture with other offerings from Peru from 1879-1881.
The Peru 1879 20 Soles banknote (Pick# 7a) holds immense historical and numismatic significance because it was issued during a defining crisis in South American history: The War of the Pacific (1879–1884).⚔️ The Catalyst: War of the Pacific

• Emergency Wartime Currency: In April 1879, Chile declared war on Peru and Bolivia over lucrative mineral deposits in the Atacama Desert. Facing immediate financial collapse, the Peruvian government authorized these emergency banknotes on June 30, 1879, to rapidly fund their military defense.
• The \"Billets Inconvertibles\": These notes were unbacked fiat paper money. Because Peru\'s economy collapsed during the war, the currency rapidly hyperinflated. By the time Chile occupied Lima, these notes were virtually worthless for trade, making their survival today highly remarkable.

Symbolic Artwork & PropagandaThe banknote\'s design served as a powerful tool for national identity and wartime morale:

• The Obverse (Front): Features a detailed vignette of Liberty, a classic allegory used by the young Republic to emphasize sovereignty and freedom from foreign aggression.
• The Reverse (Back): Showcases the Peruvian Coat of Arms featuring a Vicuña (representing fauna), a Cinchona tree (flora), and a cornucopia spilling gold coins (mineral wealth). This was a deliberate reminder of the rich national resources Peru was actively fighting to protect from Chilean seizure.

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