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50 Centavos 1917, Peru

in Krause book Number: 30
Years of issue: 17.08.1917
Edition:
Signatures: Por La Junta de Vigilancia: Ismael de Idiáquez, L. Alzamora, unknown
Serie: Junta de Vigilancia
Specimen of: 1917
Material: Cotton fiber
Size (mm): 100 х 62
Printer: Litografía T. Scheuch, Lima

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50 Centavos 1917

Description

Watermark:

watermark

Avers:

50 Centavos 1917

The obverse depicts a woman representing Liberty and independence from Spanish colonisation, a detail that recurs frequently in the coins of South American countries.

Inscription on the top: "CERTIFICADO DE DEPOSITO DE ORO. EMITIDO POR LA JUNTA DE VIGILANCIA DE LA EMISION DE CHEQUES CIRCULARES DE CONFORMIDAD CON LA LEY Nº 2429".

English: "Deposit Certificate of gold. Issued by sourveillance board of issuance of circulating checks accordingly to law #2429".

Revers:

50 Centavos 1917

coat

Centered is the coat of arms of Peru.

The coat of arms of Peru is the national symbolic emblem of Peru.

All four share the same escutcheon or shield, consisting of three elements: the top left section shows the vicuña, the national animal, on a light-blue field, representing the fauna of Peru; the tree in the top right section is the cinchona tree (the source of quinine, a powerful anti-malarial drug and the key flavorant in tonic water), on a white background, representing the national flora; and the bottom cornucopia with coins spilling from it, on a red field, represents the mineral resources of the country.

The Coat of arms (Escudo de Armas) has a palm branch on its left and an laurel one on its right, tied by a red and white ribbon, as well as a Holm oak Civic Crown above it. These represent God, gold, and glory. This variant is used on the national ensign (Enseña Nacional) or state flag. Its use on its own is infrequent, except on currency, both on coins and bills, and stamps.

Inscription on the top: "CONVERTIBLE A SUPRESENTACION EN MONEDA SELLADA DE ORO...".

English: "Convertible as presented on sealed coin..."

Inscription on bottom: "EN LAS OFICINAS DE LA JUNTA DE VIGILANCIA A RAZON DE 20 CERTIFICADOS POR LIBRA PERUANA CENTAVOS".

English: "at the board of surveillance offices equivalent to 20 certificates per Libra Peruana (Peruvian Pound)."

Comments:

1917 Certificados de Deposito "Soles de Oro" Issue.

A certificate of deposit (CD) is a time deposit, a financial product commonly sold by banks, thrift institutions, and credit unions in the United States. CDs differ from savings accounts in that the CD has a specific, fixed term (often one, three, or six months, or one to five years) and usually, a fixed interest rate. The bank expects the CD to be held until maturity, at which time they can be withdrawn and interest paid.