

1880 Peru 5 Pesetas
1880 5 Peseta (1880-1882) Peru:
37mm, 25g, .900
Interestingly both the Peruvian 5 Pesetas and Peruvian 1 Sol were being minted concurrently and were of equal value, size, weight and purity. The War of the Pacific (1879-1884 Chile v. Peru) was being fought and Peru's economy was in the tank. Dictator Nicolás de Piérola tried to rebrand the monetary system with a new short lived unit called the Inca. One Inca was equal to 5 Pesetas (as well as 1 Sol).
The Inca was to be a gold coin but only ever issued as paper money making the silver 5 Pesetas the highest denomination coin minted under this system.