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1 Peso

Issuer Banco del Sur, Pasto
Year 1908
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Value 1 Peso
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Obverse description The obverse is printed in black on white paper. At left, an oval intaglio vignette contains a bust portrait of a uniformed military figure in left profile, surrounded by an ornate lathe-work border. The centre carries a large guilloche rosette with the numeral '1' at its core, flanked by allegorical female figures; above the central vignette the promise clause 'PAGARÁ AL PORTADOR Á LA VISTA' is inscribed. The header reads 'REPÚBLICA DE COLOMBIA' and 'EL BANCO DEL SUR', with 'UN PESO EN MONEDA LEGAL DE PLATA' below the central design, the place of issue 'PASTO' and manuscript date at lower centre, and two manuscript signatures above the imprint 'American Bank Note Co. New York'.
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Reverse lettering BANCO DEL SUR
1
EL CAJERO
AMERICAN BANK NOTE COMPANY, NEW YORK
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Comments

Banco del Sur was a regional Colombian bank operating out of Pasto, the administrative center of Nariño department in the southwest of the country, geographically and commercially closer to Quito than to Bogotá. Its notes were issued under the framework of Colombia's free banking period, which persisted until the Banco de la República was established in 1923 and ended the circulation rights of private departmental banks.

The American Bank Note Company contract for this series is consistent with ABNC's dominant position supplying Colombian provincial banks during this period. The Pasto location meant these notes circulated in a frontier economy where counterfeiting pressure was low but redemption infrastructure was thin.

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