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1 Boliviano

Issuer Banco Industrial
Year 1906
Type Standard circulation banknote
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Obverse description Central guilloche vignette with numeral UNO flanked by two allegorical female figures; left vignette shows a group of Bolivian indigenous figures in traditional dress. Bank title BANCO INDUSTRIAL across top with PAGARÁ A LA VISTA AL PORTADOR below; date La Paz, 1° de Enero de 1906 at bottom, Serie K and serial numbers in red.
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Reverse description Central intaglio oval vignette of the Bolivian national coat of arms, surrounded by an elaborate symmetrical guilloche border with cornucopia and decorative scroll motifs at each corner. Bank name BANCO INDUSTRIAL in white on a dark letterpress panel at the base; printer imprint below.
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Comments

Banco Industrial was a short-lived Bolivian commercial bank operating during the early republican banking period, before the 1911 legislation that effectively consolidated note-issuing authority and pushed most private banks out of the currency business. This note predates that consolidation by five years, placing it squarely in an era when multiple competing Bolivian banks held independent issuing rights — a system that created considerable public confusion over note values and acceptability across different regions of the country.

The American Bank Note Company contract work for minor South American issuers from this period often recycled plate elements across clients, worth checking against other ABNC-produced Bolivian issues of the same decade.

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