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1 Peso

Issuer Banco Nacional de la República de Colombia
Year 1886
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Shape Rectangular
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Obverse description Green intaglio print on paper. A medallion vignette at upper left contains a helmeted portrait of Athena, while the Colombian Arms appear in a corresponding medallion at upper right, both flanking elaborate architectural guilloche columns. The denomination UN PESO is boldly lettered at center within a decorative cartouche, above the issue date and city, with the serial number printed in red at lower left and PESO counter-medallions at the lower corners.
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Reverse description Green intaglio print throughout, with an elaborate geometric and guilloche lathe-work design divided into two main panels. The left panel carries a large symmetrical vignette of crossed cornucopias with numeral 1 counters at each corner. The right panel bears the denomination UN PESO in large letters within a Greek-key bordered frame, overlaid at center by a prominent red oval bank seal. The printer's imprint appears along the lower margin.
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Comments

The Banco Nacional de la República de Colombia was established by law in 1880 as a state monopoly issuer, replacing the chaotic proliferation of private bank notes that had plagued Colombian commerce for decades. This 1886 issue falls squarely within the bank's early operational period, when the government was still consolidating its grip on paper currency after years of competing regional emissions.

Homer Lee Bank Note Company held a relatively brief window of operation — roughly a decade — before being absorbed into larger consolidations of the American security printing industry. Colombian commissions represent a meaningful portion of their documented output.

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