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1 Peso 2nd. issue

Issuer Banco Nacional de la República de Colombia
Year 1900
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Shape Rectangular
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Obverse description Black on red underprint. At left, a pastoral lithographic vignette of a man and woman watering horses at a trough, in the late 19th-century Colombian style; at upper right, an ornate guilloche cartouche encloses the numeral "1". The date "30 de Septiembre de 1900" and place of issue "Bogotá" appear at lower right, beneath signature lines for the Ministro de Tesoro and Miembros de la Junta de Emisión, with a red control stamp and serial number at left.
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Reverse description Printed in purple. The centre is dominated by a large ornate guilloche medallion with radiating lathe-work patterns and a decorative foliate finial, with the numeral "1" at its centre and "UNO" inscribed on flanking panels. The composition is enclosed within a dense guilloche border incorporating repeated "UNO" and "1 PESO" lettering, with corner medallions each bearing the numeral "1"; the printer's imprint "Litografía Nacional, Bogotá" appears at the foot.
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Comments

The Banco Nacional de la República de Colombia had a turbulent existence — Congress voted to liquidate it in 1894, but the institution lingered in a legal and operational twilight as the country slid toward the Thousand Days War, the devastating civil conflict that began in October 1899. Notes issued in 1900 circulated under those conditions: erratic redemption, rampant inflation, and a government printing money to fund a war it was losing.

Printing in-house at the Litografía Nacional in Bogotá, rather than contracting abroad, was both a cost decision and a necessity — foreign credit was not available.

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