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1.000 Pesos
| Issuer | República de Colombia - Ministerio de Hacienda y Tesoro |
|---|---|
| Year | 1908 |
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| Reference(s) | P#316 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | REPÚBLICA DE COLOMBIA BILLETE POR VALOR DE MIL PESOS AMORTIZABLE CONFORME A LAS LEYES BOGOTÁ, Marzo de 1908 EL MINISTRO DE HACIENDA Y TESORO EL TESORERO GENERAL DE LA REPÚ. 1000 |
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| Reverse lettering | REPÚBLICA DE COLOMBIA MIL 1000 PESOS SECRETARIO DE LA JUNTA DE AMORTIZACIÓN |
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| Comments |
Colombia's Ministerio de Hacienda — rather than the Banco de la República, which did not yet exist — issued paper currency directly through the treasury in this period, a consequence of the monetary chaos that followed the Thousand Days War of 1899–1902. That conflict had produced rampant inflationary emissions under the previous regime, and the 1908 notes were part of an effort to reassert fiscal credibility under the government of Rafael Reyes.
American Bank Note Company produced the series in New York, as they did for much of Latin American government paper of the era. At the 1,000 Peso level, circulation would have been extremely limited — denomination alone placed it well outside everyday commercial use.