Catalog
10 Bolívares
| Issuer | Banco Comercial (later Banco Comercial de Maracaibo) |
|---|---|
| Year | 1916 |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | BANCO COMERCIAL COMPAÑIA ANONIMA DIEZ BOLIVARES PAGARA AL PORTADOR EN SUS OFICINAS EN DINERO EFECTIVO SERIE A Maracaibo Capital Bs 400,000 SPECIMEN |
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| Reverse lettering | BANCO COMERCIAL COMPAÑIA ANONIMA AMERICAN BANK NOTE COMPANY |
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| Comments |
The Banco Comercial was one of several regional Venezuelan banks operating under the 1880 banking law, which permitted note-issuing privileges to chartered commercial banks well into the twentieth century — an unusually long survival of decentralized emission by Latin American standards. Maracaibo's commercial banking sector was closely tied to the Lake Maracaibo trade routes, and notes from this institution circulated heavily among merchants rather than through formal banking channels.
ABNC produced the plates in New York under their standard contract arrangement with smaller Latin American issuers. The bank's name change to Banco Comercial de Maracaibo occurred after this series was already in circulation.