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1 Peso

Issuer Banco Nacional de la República de Colombia
Year 1900
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Obverse description The obverse carries the bold heading 'BANCO NACIONAL DE LA REPÚBLICA DE COLOMBIA' across the top, with a large intaglio vignette to the left of a rural scene with figures and cattle. The central denomination 'UN PESO' is printed in large letterpress text, flanked by a circular guilloche underprint bearing the bank seal, with the place and date 'BOGOTÁ, 30 de SEPTIEMBRE de 1900' positioned to the right. Signature lines for the 'MINISTRO DE TESORO' and members of the 'JUNTA DE EMISIÓN' appear in the lower portion, with red overprint elements and a red serial number at upper left.
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Reverse description The reverse is printed in a single dark ink with an intricate guilloche border running the full perimeter, incorporating repeated 'UNO' lettering along all four edges. A large central medallion frames the numeral '1' with 'UNO' to either side, surrounded by elaborate lathe-work ornaments and a coat-of-arms vignette at the top centre within a decorative cartouche bearing the bank name. Signature lines for 'El Cajero' appear in manuscript at the lower centre, above the imprint 'LITOGRAFÍA NACIONAL BOGOTÁ' and the '2ª EMISIÓN' designation.
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Comments

The Banco Nacional de la República de Colombia had a troubled institutional life — Congress ordered its liquidation in 1894 following years of controversy over its note-issuing monopoly, yet emission continued through the transition period as the government struggled to manage a collapsing monetary system. By 1900, Colombia was deep in the War of the Thousand Days, the brutal civil conflict between Liberal and Conservative factions that would eventually claim over 100,000 lives. Notes from this period circulated under severe inflationary pressure.

Printing at the Litografía Nacional in Bogotá meant production never left the country — unusual given that most Colombian issuers of the period relied on foreign printers. Quality suffered accordingly.

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