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1 Peso

Issuer Banco del Progreso
Year 1899
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Composition Cotton paper
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Obverse lettering UN PESO
EL BANCO REPUBLICANO
pagará al portador y á la vista la cantidad de UN PESO en monedas corrientes
Medellín
Núm. 154783
Serie 1ª
El Gerente
El Cajero
FUNDADO POR M.A. SANTA MARÍA & LALINDE
FUNDADO POR LISANDRO M. URIBE
FUNDADO POR MARIANO URIBE É HIJOS
FUNDADO POR EDUARDO Y JULIAN VASQUEZ J.
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Reverse lettering Este billete está á cargo del
BANCO DEL PROGRESO
asimilado á libranza y hace parte de la cantidad convenida con el Gobierno Nacional, según el contrato de 7 de Septiembre de 1899.
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Comments

Banco del Progreso was one of the numerous private Colombian banks that issued their own currency under the banking legislation of the 1870s and 1880s, before the state moved to centralize monetary control. By 1899, Colombia was edging toward the catastrophic Thousand Days War — the civil conflict that began that year and effectively ended the private banking era, with most of these institutions collapsing or being absorbed in the chaotic years that followed.

The S-prefix in the Pick reference places this firmly in the specials, meaning surviving specimens are typically encountered without full circulation history. Positively attributed examples with intact dates and signatures are uncommon.

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