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1 Boliviano

Issuer Banco de la Nación Boliviana
Year 1911
Type Standard circulation banknote
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Obverse description Central vignette of Mercury seated, rendered in fine intaglio engraving, flanked by ornate guilloche panels in green and purple forming the lateral underprint. The denomination "UN BOLIVIANO" appears in the lower centre, with serial numbers in red at left and right, and the series designation printed below each serial number. Two manuscript signatures of bank officials appear across the lower portion of the note, with the imprint of the American Bank Note Co., New York at the bottom margin.
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Reverse description The Bolivian national coat of arms engraved at centre, surrounded by intricate guilloche work. The denomination numeral "1" appears in ornate panels at both left and right sides of the design. The bank title is repeated along the upper border, with the date and place of issue flanking it.
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Comments

Banco de la Nación Boliviana was established by law in 1911 as a state-controlled institution replacing the earlier system of competing private note-issuing banks — this 1 Boliviano was among its earliest issues. The extraordinary number of signature combinations across this single denomination reflects nearly two decades of continuous reissue under shifting administrations, with the progression from large black series letters through to red series suggesting ongoing demand well into the late 1920s.

The shift from large to small series lettering, and eventually to red overprinted letters, tracks not just time but administrative reorganizations within the bank itself. At least seven distinct cashier and management combinations signed off on this note's various printings — an unusually granular record of institutional turnover for a single low-denomination type.

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