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1 Boliviano

Issuer Banco Central de Bolivia
Year 1928
Type Standard circulation banknote
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Obverse description Printed in olive-brown intaglio on a light ground, the obverse centres on an oval portrait vignette of Simón Bolívar in military uniform, set against a finely engraved guilloche background. Denomination numerals "1" appear in lozenge-shaped guilloche panels flanking the portrait to left and right, with four additional numeral counters at the corners. The serial number is printed in red at lower left, the series letter in red at right, and two manuscript signatures appear at the foot — one below the title "Contador" and one below "Superintendente de Bancos" / "Gerente General" — with the imprint "AMERICAN BANK NOTE COMPANY" at the very bottom margin.
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Reverse lettering BANCO CENTRAL DE BOLIVIA
UN BOLIVIANO
(Translation: Central Bank of Bolivia / One Boliviano)
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Comments

The 1928 Bolivian currency law created a new central bank to replace the private commercial banks that had previously issued notes — the Banco Central de Bolivia was established precisely to consolidate that authority, and this 1 Boliviano belongs to the first series it ever released. American Bank Note Company handled the entire production run, which stretched long enough that three distinct signature configurations appeared across the alphabetical series, reflecting personnel changes within the bank's administration over the years the stock was drawn down.

The Arce signature exists in two distinct typeface widths — large and narrow — a detail that catches out collectors who assume series letters alone define the varieties.