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1 Peso

Issuer Banco Nacional
Year 1881
Type Local banknote
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Obverse lettering EL BANCO NACIONAL
BUENOS AIRES, Enero 1° de 1883
Pagará al portador y a la vista
UN PESO
MONEDA NACIONAL ORO, SEGÚN LEY DE 5 DE NOVIEMBRE DE 1881
Série
Nº 85448
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Reverse lettering EL BANCO NACIONAL
BUENOS AIRES
AMERICAN BANK NOTE COMPANY, NEW YORK
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Comments

Banco Nacional was one of several private banks operating in Colombia under concession in the early 1880s, and this note predates the state monopoly on currency issue that would come with the later Banco Nacional de Colombia. The American Bank Note Company held an effective monopoly on high-quality intaglio printing for Latin American clients at this period, and Colombian banks returned to them repeatedly through the decade.

The PS# prefix places this in the Andean catalog of privately issued notes — a category that saw heavy attrition during Colombia's chronic civil instability of the 1880s and 1890s, with many issues redeemed, repudiated, or simply lost.

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