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| 正面描述 | Black intaglio print on green guilloche underprint with red serial numbers. A female portrait vignette appears at left, with the Bolivian coat of arms at right. |
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| 背面描述 | Entirely engraved in green on an elaborate guilloche border with floral rosette corner ornaments. The central vignette shows a rural Andean scene with pack donkeys, figures, and a low whitewashed building against a mountain backdrop. |
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The Banco Mercantil was one of several Bolivian regional commercial banks authorized to issue their own currency under the 1890 banking law — a decentralized arrangement that persisted until the government moved to consolidate note-issuing authority in the early 1910s, effectively ending the era of competing private bank circulation. This note falls within the final window of that system.
American Bank Note Company produced the plates in New York, as they did for most Bolivian bank paper of the period. ABNC's South American contracts were extensive enough that the company maintained dedicated sales relationships with Bolivian institutions across multiple decades.