Catalog
| Issuer | Banco de la República |
|---|---|
| Year | 1907 |
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| Shape | Rectangular |
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| Obverse description | The obverse carries the heading REPUBLICA DEL PARAGUAY at the top, with the bank title EL BANCO DE LA REPÚBLICA arched across the centre in large bold letters. A central vignette shows two allegorical figures flanking a circular cartouche bearing the denomination 1000, set within an ornate guilloche underprint. Corner panels repeat the numeral 1000 in letterpress, and the serial number and series letter appear in red below the central vignette, above the bold legend MIL PESOS. |
|---|---|
| Obverse lettering | REPUBLICA DEL PARAGUAY EL BANCO DE LA REPÚBLICA MONEDA NACIONAL DE CURSO LEGAL MIL PESOS NÚMERO SERIE |
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| Comments |
Banco de la República was Colombia's pre-central-bank note issuer — a private institution granted official status, operating before the Banco de la República established in 1923 replaced it entirely. The 1907 date places this note in a particularly unstable monetary moment: Colombia had only recently emerged from the Thousand Days War (1899–1902), a civil conflict that had devastated the economy and triggered catastrophic peso inflation, with the currency effectively worthless for years afterward.
At the 1,000 peso denomination, practical circulation would have been limited to large commercial transactions. Notes of this value from this period rarely survived in numbers.