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10 000 Pesos Bolivianos

Issuer Banco Central de Bolivia
Year 1984
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Value 10 000 Pesos bolivianos (10 000 BOP)
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Obverse description Vignette of Mercury at upper left, with the issuer name BANCO CENTRAL DE BOLIVIA across the top. Below, the document type and legal basis are inscribed as a Cheque de Gerencia issued under Supreme Decree No. 20272, with the place and date of issue centered. The face value appears in both words and numerals, with $b. 10.000,00 repeated at center and lower left.
Obverse lettering BANCO CENTRAL DE BOLIVIA CHEQUE DE GERENCIA DECRETO SUPREMO NO. 20272 DE 5 DE JUNIO DE 1984 LA PAZ, 20 DE JUNIO DE 1984 PAGUESE AL PORTADOR $B. 10.000,00 DIEZ MIL PESOS BOLIVIANOS $B. 10.000,00
(Translation: Central Bank of Bolivia Management Cheque Supreme Decree # 20272 of June 5th., 1984 La Paz, June 20TH., 1984 Be paid to the bearer $b. 10,000.00 Ten Thousand Pesos Bolivianos $b. 10,000.00)
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Comments

Bolivia's inflation in the early 1980s was among the worst in recorded history — by 1985, annual inflation had reached approximately 24,000%. This 10,000 Pesos Bolivianos note was already an emergency response to that collapse, yet it was obsolete almost immediately. The denomination was enormous by recent Bolivian standards but bought almost nothing within months of issue.

Jeffries Banknote Company of Los Angeles handled the contract — a relatively minor security printer that picked up work as larger firms became overloaded or politically inconvenient during Latin America's debt crisis decade.

The entire Pesos Bolivianos currency was scrapped in 1987, replaced by the new Boliviano at a conversion rate of one million to one.

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