1000 PEN #406

Front

Peruvian artisanal fishermen hauling fishing nets on a traditional beach scene, with sailing vessels in the background. This scene represents Peru's vital fishing industry, one of the world's largest, centered on the anchovy catch from the nutrient-rich Humboldt Current. The denomination 'MIL SOLES DE ORO' (1000 Soles de Oro) is shown, though this was printed during the Inti currency period following Peru's 1985 currency reform that replaced the Sol with the Inti at 1000:1.

Back

Miguel Grau Seminario (1834–1879), Peruvian naval officer and national hero known as 'El Caballero de los Mares' (The Gentleman of the Seas). Admiral Grau commanded the ironclad warship Huáscar during the War of the Pacific (1879–1883) against Chile. He died heroically in the Battle of Angamos on October 8, 1879, and is among Peru's most revered military figures. The Peruvian coat of arms appears at center, flanked by traditional Peruvian motifs. Date printed as '28 DE JUNIO DE 1988'.

History

This note belongs to the Peruvian Inti series (1985–1991), introduced during President Alan García's first administration to combat hyperinflation. The Inti replaced the Sol de Oro at a rate of 1 Inti = 1,000 Soles de Oro. Despite the reform, hyperinflation continued, and by 1990 Peru experienced one of the worst hyperinflation episodes in world history. The Inti was replaced by the Nuevo Sol in 1991 at a rate of 1 Nuevo Sol = 1,000,000 Intis. The note is dated June 28, 1988, a specific issue date printed on the back. The denomination is labeled 'MIL SOLES DE ORO' (1000 Soles de Oro), which was the naming convention carried over during the early Inti period before denomination names were updated. The Pick catalogue reference P-136b represents the 1988 issue with specific signature combinations. The serial number B9255845R includes the suffix 'R', which may indicate a specific printing series or replacement note status, though Peruvian replacement note conventions for this period are not definitively documented in standard references.