Difference between revisions of "Peru 1986 5 intis"

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This type, issued 1985-88 from Lima, reflects the accelerating pace of inflation which devastated Peru in the late 1970's and 1980's. Beset by the ''Sendero Luminoso'' rebellion, growing narco-trafficking influence and corrupt, incompetent military rule, the regime attempted to check inflation by reforming the currency; 1000 soles = one inti. This reform failed and another reform was instituted in 1989. The bust is of Admiral Grau, victor of a naval battle against the Chileans in which he was killed.
 
This type, issued 1985-88 from Lima, reflects the accelerating pace of inflation which devastated Peru in the late 1970's and 1980's. Beset by the ''Sendero Luminoso'' rebellion, growing narco-trafficking influence and corrupt, incompetent military rule, the regime attempted to check inflation by reforming the currency; 1000 soles = one inti. This reform failed and another reform was instituted in 1989. The bust is of Admiral Grau, victor of a naval battle against the Chileans in which he was killed.
  
''Recorded mintage:'' 28,000 in the SCWC, probably a mistake for 28,000,000.
+
''Recorded mintage:'' 28,000 in the SCWC, probably a mistake for 28,028,000.
  
 
''Specification:'' 8.2 g, copper-nickel, 27 mm diameter, reeded edge, designed by Manuel Chavez.  
 
''Specification:'' 8.2 g, copper-nickel, 27 mm diameter, reeded edge, designed by Manuel Chavez.  
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* [[Peru 1986 inti|1986 inti]]
 
* [[Peru 1986 inti|1986 inti]]
 
* [[Peru 1985 centimo|1985 centimo]]
 
* [[Peru 1985 centimo|1985 centimo]]
 +
* [[Peru 1985 5 centimos|1985 5 centimos]]
 +
* [[Peru 1985 50 intis|1985 50 intis pattern]]
 
* [[Peru 1986 10 centimos|1986 10 centimos]]
 
* [[Peru 1986 10 centimos|1986 10 centimos]]
 
* [[Peru 1986 20 centimos|1986 20 centimos]]
 
* [[Peru 1986 20 centimos|1986 20 centimos]]
 +
* [[Peru 1986 100 intis|1986 100 intis, Marshal Caceres]]
 
* [[Peru 1986 200 intis|1986 200 intis]]
 
* [[Peru 1986 200 intis|1986 200 intis]]
 
* [[Peru 1987 5 intis|1987 5 intis]]
 
* [[Peru 1987 5 intis|1987 5 intis]]

Latest revision as of 10:28, 4 March 2025

from the Mountain Groan Collection
note the faint trace of a rim clip

This type, issued 1985-88 from Lima, reflects the accelerating pace of inflation which devastated Peru in the late 1970's and 1980's. Beset by the Sendero Luminoso rebellion, growing narco-trafficking influence and corrupt, incompetent military rule, the regime attempted to check inflation by reforming the currency; 1000 soles = one inti. This reform failed and another reform was instituted in 1989. The bust is of Admiral Grau, victor of a naval battle against the Chileans in which he was killed.

Recorded mintage: 28,000 in the SCWC, probably a mistake for 28,028,000.

Specification: 8.2 g, copper-nickel, 27 mm diameter, reeded edge, designed by Manuel Chavez.

Catalog reference: KM 300.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • Yabar Acuña, Francisco, Monedas Fiduciaras del Peru, 1822-2000, Lima, 2001.

Link to: