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1 Peso Banco Navia
| Issuer | Banco Navia y Cía. |
|---|---|
| Year | 1865 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Peso (1863-1975) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | UNO 1 E Montevideo, EL BANCO NAVIA Y Ca. 4 dé Nobvre de 1865 Pagará á la vista UN PESO al portador dando un Doblon de Oro Sellado ó su equivalente en la misma especie por DIEZ de estos billetes. (Translation: One 1 E Montevideo, The Navia & Co. Bank November 4th, 1865 will pay at sight one Peso to bearer, giving one sealed gold Doblón or its equivalent in the same species for ten of these notes.) |
| Reverse description | The reverse is unprinted, consisting of plain unadorned paper with no vignettes, inscriptions, or security features. |
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| Comments |
Banco Navia y Cía. was one of a cluster of private commercial banks that briefly operated in Colombia during the 1860s, a period when the federal structure of the Rionegro Constitution allowed individual states — and even private firms — to issue their own circulating notes. The American Bank Note Company engraving is characteristic of the quality Colombian private banks sought to project credibility in regions where public confidence in paper was thin at best.
The series is rare. P#S373 survives in very small numbers, likely because the bank's operational life was short and redemption or destruction of remaining stock was common practice among failed private issuers.